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LVMHF - Tiffany And Louis Vuitton Merger: A Closer Look
LVMH Moet Hennessy Louis Vuitton
Tiffany (TIF) is the subject of a bid by Louis Vuitton SE (OTCPK:LVMHF). Tiffany is the best known U.S. jeweler. The company has stores in the Americas, Asia-Pacific, Japan, Europe and the United Arab Emirates. Louis Vuitton is known for its namesake brand but is actually a luxury conglomerate that regularly acquires luxury names. The company is chaired by Bernard Arnault who pursued this roll-up strategy since the early 90's. Brands it owns include the following names in the jewelry and watches space (relevant due to anti-competitive concerns)