Bernard Arnault

Paris and New York City — LVMH Moët Hennessy Louis Vuitton SE (LVMH), the world’s leading luxury group, and Tiffany & Co., the global luxury jeweler, have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion. The transaction is expected to close in the middle of 2020. For more than 180 years, Tiffany has been synonymous with elegance, innovative design, fine craftsmanship and creative excellence. Founded in 1837 when …

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