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LVMH to Acquire Tiffany & Co. for $16 Billion

LVMH to Acquire Tiffany & Co. for $16 Billion

Today, LVMH Moët Hennessy Louis Vuitton (LVMH), a global leader in luxury goods, announced it would buy iconic jeweler Tiffany & Co. (Tiffany). The deal — worth more than $16 billion — is said to be the biggest ever in the luxury sector. The European group behind...

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