LVMH agrees $US16.2b deal for Tiffany
Paris | LVMH has agreed a $US16.2 billion ($24 billion) deal to buy US jeweller Tiffany, Louis Vuitton's parent firm confirmed on Monday, in the luxury good maker's biggest purchase to date.
The deal will boost LVMH's smallest business, the jeweller and watch division, home to Bulgari and Tag Heuer.
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Reuters
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