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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

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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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Tiffany agrees to revised terms on LVMH takeover deal

Tiffany agrees to revised terms on LVMH takeover deal

28 days ago   |   By Star Tribune

The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly lower offer from from LVMH in Paris.
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LVMH and Tiffany end luxury battle, cut price on $16 billion takeover

28 days ago   |   By National Post

PARIS - France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany & Co after the two companies agreed to end a bitter dispute triggered by the COVID-19 pandemic and salvage the luxury sector's biggest-ever deal.
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LVMH and Tiffany agree on lower price for $16 bln takeover

28 days ago   |   By National Post

PARIS - U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price for its acquisition by the French luxury goods group, ending a bitter legal dispute between the two, the companies said on Thursday.
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