LVMH Moet Hennessy Louis Vuitton SA

LVMH Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Increases Bid Price To $16.2 Billion To Acquire Tiffany & Co. (NYSE:TIF)

LVMH Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) has increased the bid price to $162 billion from $14.5 billion to take over Tiffany & Co. (NYSE:TIF), an iconic American dealer. This translates to a share price of $135. Apart from cash, the deal also includes a debt of $350 million. It is the most significant deal […]