A 14.5 Billion Dollar Engagement Ring: Why Tiffany Should Say "Yes" to LVMH
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A 14.5 Billion Dollar Engagement Ring: Why Tiffany Should Say "Yes" to LVMH
On October 28, 2019, Tiffany & Co confirmed that it had received an unsolicited but non-binding offer from LVMH to purchase its securities at $ 120 per share , an offer of $ 14.5 billion. What are the six main reasons that can push LVMH to a transaction of this magnitude? What impact would this acquisition have on the financial structure of the French group? What about the fact that Tiffany & Co's board is asking for an increase in the offer?
