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Luxury

Louis Vuitton owner buys Tiffany in sparkling deal

November 25, 2019

By News Team

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Luxury goods giant LVMH is to buy jeweller Tiffany for $135 (£105) per share in cash, in a $16.2bn deal. LVMH, owned by France’s richest man, Bernard Arnault, has brands including Christian Dior, Givenchy, and Bulgari.

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