Fri, Jan. 16, 10:20 AM
- The sharp drop in Tiffany (TIF +1.3%) over the last week could bring M&A back into the equation.
- A European luxury conglomerate is seen as the most likely acquirer by some analysts.
- If LVMH Moet Hennessey (OTCPK:LVMHF) tried to put together a bid for Tiffany, it would have to scrap up about $15B ($111/share).
- The captivating buyout talk has helped push TIF up 1.1% today.
- Previously: The watch is on Swiss watch makers (Jan. 15 2015)
- Previously: Tiffany slides as currency swings play a factor (Jan. 12 2015)
- Previously: Tiffany reports negative holiday comp, lowers guidance (Jan. 12 2015)
Nov. 3, 2014, 6:59 AM
Sep. 20, 2013, 10:12 AM
Jul. 9, 2013, 2:57 AMLVMH Moet Hennessy Louis Vuitton (LVMHF.PK) has agreed to acquire 80% of Italian cashmere clothier Loro Piana for €2B ($2.57B). The deal will provide LVMH deep knowledge in textiles from sourcing to manufacturing, and help the company expand into the faster-growing very high end of the market - Loro Piana sells cashmere sweaters for $1,385. That could help offset the slowdown at Louis Vuitton, LVMH's biggest brand. (PR) | Comment!
Sep. 23, 2011, 8:58 AMTiffany (TIF) may be a takeover target after ending its alliance with Swatch, and could hand investors an extra $3.4B in a deal, Bloomberg reports. Fifth Third believes Tiffany could command as much as a 40% premium in an acquisition. Merriman and Caris say Tiffany may lure interest from luxury retailer LVMH (MAGOF.PK). TIF -2.2% premarket. | 1 Comment
LVMHF vs. ETF Alternatives
LVMH-Moet Hennessy Louis Vuitton is a diversified luxury goods conglomerate. It produces and sells champagne under the brands Moet & Chandon, Veuve Clicquot, and Ponsardin. LVMH also produces cognac through Hennessy and Hine. The Company makes perfumes, cosmetics, luggage, watches and jewelry,... More
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