Luxury > US

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

2 monthes 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...
Read more ...

 

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

2 monthes 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.
Read more ...

 


Search by Tags

   US      Luxury      Companies  


OnlyFans model Vanessa Sierra slams trolls over hotel quarantine jibes with...

OnlyFans model Vanessa Sierra slams trolls over hotel quarantine jibes with Bernard Tomic

Vanessa Sierra has been in quarantine at a luxury Qatar hotel with her tennis player boyfriend, Bernard Tomic, who is in the country for the Australian Open. Read more ...

Grade II-listed Cambridgeshire pub turned into luxury four-bed house on sale...

Grade II-listed Cambridgeshire pub turned into luxury four-bed house on sale for £900,000 

The former Princess of Wales Pub in Little Abington, Cambridgeshire, still boasts many of its original features, including a fireplace and a former cart store, now used as an... Read more ...

New luxury hotel opens specifically for mothers and their newborn babies

New luxury hotel opens specifically for mothers and their newborn babies

A new luxury hotel designed for new mothers and their babies has opened complete with a nursery, on-site nurses and feeding classes Read more ...

Audi e-tron Sportback is spoilt by its beeping technology, says the Grand...

Audi e-tron Sportback is spoilt by its beeping technology, says the Grand Tour's script editor

THE AUDI e-tron Sportback SUV is a handsome, refined electric car spoilt by technology for technology's sake, reckons motoring writer Richard Porter. With Jeremy Clarkson in... Read more ...

Long-distance cruising in luxury: Introducing the new Pardo Endurance 60

Long-distance cruising in luxury: Introducing the new Pardo Endurance 60

The new Pardo Endurance 60 elevates the current open walkaround line connecting together the concept of long-range and silent navigation, low consumption and... Read more ...

Inside the Beckham's luxury Cotswolds home with spa, tennis court and pool

Inside the Beckham's luxury Cotswolds home with spa, tennis court and pool

The Beckhams have a lavish countryside estate in the Cotswolds, Oxfordshire. Take a peek inside... Read more ...

Chloe Ferry screams in horror as gang of seagulls swoop on her in Dubai

Chloe Ferry screams in horror as gang of seagulls swoop on her in Dubai

Chloe Ferry was left terrified after being attacked by 20 seagulls during a luxury boat trip in Dubai - amid claims she is 'working' in the city during the pandemic Read more ...

Meet the winner of our first competition from The Getaway

Meet the winner of our first competition from The Getaway

He's won a stay at the Tabula Rasa Luxury Hotel, Sri Lanka Dreaming of your next holiday? One lucky Metro reader doesn't have to any longer. Oliver Edmunds, a 25-year-old major... Read more ...

Bespoke ‘Silent Shadow' to start EV era at Rolls-Royce

Bespoke ‘Silent Shadow' to start EV era at Rolls-Royce

103EX concept of 2016 could inform Silent Shadow, rendered by Autocar above Electric luxury model will use Phantom platform, BMW i7 motors and huge battery Rolls-Royce is... Read more ...

Tennis stars set up camp at the luxury Majestic Suites hotel ahead of the...

Tennis stars set up camp at the luxury Majestic Suites hotel ahead of the Australian Open

Tennis's elite players are billeted with their large entourages for the next fortnight ahead of the Australian Open, 450 miles from the chaos that has greeted the arrival of... Read more ...