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LVMH has agreed to buy Tiffany & Co at a $400 million discount on the original price, ending a bitter dispute. It's still the luxury sector's biggest-ever deal

28 days ago   |   By Business Insider

Summary List Placement
After a bitter dispute including two lawsuits, confusion over a French government letter, and a public war of words, French luxury goods conglomerate LVMH is acquiring US jeweler Tiffany & Co for $400 million less that originally agreed.
Despite the price drop, this still marks the luxury sector's biggest-ever deal.
The deal's price tag has been brought down to about $15.8 billion after the new takeover price dropped from $135 to $131.5 a share, the companies said in a statement Thursday .
Despite the $400 million cut, Tiffany Chairman Roger Farah said the deal...
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Luxury goods powerhouse LVMH and Tiffany agree new deal terms for tie-up

Luxury goods powerhouse LVMH and Tiffany agree new deal terms for tie-up

28 days ago   |   By Evening Standard

LVMH and Tiffany & Co have resolved a dispute around their merger deal, with the Louis Vuitton owner agreeing a lower price for the US jeweller.
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