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CFRHF - An Acquisition Of Tiffany & Co. Would Make LVMH SE A Global Leader In The Jewelry Business
Cie Financiere Richmn New
Reportedly, Tiffany & Co. (TIF) has been approached by LVMH SE (LVMHF;LVMUY) with an offer to acquire the legendary jeweler. At the time of writing (Sunday October 27th) details of the non-binding offer are not yet publicly available. Yet in any case, the transaction, if it happens, would be the largest acquisition to date for LVMH. Still, the company is financially strong enough to make it work.
I believe that Tiffany would be a good fit for LVMH's brand portfolio. Not only could the French giant achieve a