Business Insider -
2 Nov 2019 16:10

STEPHANE DE SAKUTIN/AFP via Getty Images LVMH, the world's largest luxury conglomerate, put a bid forward to acquire jewelry retailer Tiffany & Co this week. The deal could be worth as much as $14.5 billion, which would make it LVMH's most expensive acquisition ever. Analysts say the deal would make strategic sense for LVMH as it looks to build out its luxury jewelry offering and better compete with rivals Kering and Richemont. This is especially pertinent as jewelry is one of the fastest-growin...
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