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LVMH: shareholders serve breakfast at Tiffany's

(CercleFinance.com) - LVMH has said that the shareholders of Tiffany & Co have largely approved LVMH's proposed acquisition of Tiffany at a special meeting for shareholders meeting on Tuesday.


"According to the agreement announced on November 25, 2019, LVMH will acquire Tiffany, the global luxury jeweler, for $135 per share in cash, in a transaction with an equity value of approximately E14.7 billion or $16.2 billion," LVMH said.


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