LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories for men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Tiffany & Co.

The original LVMH-Tiffany acquisition agreement looks solid, based upon Delaware case law. That said, if the deal goes through, Tiffany wins and LVMH loses because the Tiffany brand has lost cultural relevancy.

LVMH Is Likely To Be Forced To Go Through With The Tiffany Acquisition And Live To Regret It

The holders of 9 billion euros (8.36 billion pounds) worth of bonds issued by LVMH to fund its now imperilled acquisition of Tiffany & Co have been left second-guessing as to when they might get their money back.

Investors in LVMH's Tiffany bonds left second-guessing on redemption payout

Tiffany & Co has received regulatory approval from the Japan Fair Trade Commission and the Mexican competition authority for its contentious $16 billion acquisition by luxury goods group LVMH , the U.S. jeweler disclosed in a filing on Friday.

Tiffany gets regulatory nod from Japan, Mexico authorities for $16 billion LVMH deal

The luxury conglomerate is accusing the jeweler of "dishonesty" and mismanaging its business during the pandemic.

LVMH Countersues Tiffany Over Disintegrating Merger Deal

Tiffany & Co. wants to grill LVMH chief Bernard Arnault in court about his reported attempts to wriggle out of the $16.2 billion marriage of the luxury giants, The Post has learned.

Tiffany wants Bernard Arnault to testify in court on merger intrigue

An interesting M&A situation with a buyer attempting to back out

19.46% Upside for Tiffany to Deal Price While LVMH Tries to Walk

Tiffany (TIF) files a lawsuit against LVMH as retaliation to the latter's withdrawal from takeover deal.

Tiffany in Legal Tangles With LVMH, Down on Stalled Deal

Kim Jones of Dior Men will step into Karl Lagerfeld's shoes at the Italian luxury and leather goods house.

LVMH’s Appoints Dior's Kim Jones As Women's Designer At Fendi. Here's Why They Did It.

Louis Vuitton’s owner says Tiffany was plagued by mismanagement that violated the terms of their deal.

LVMH Says It Will Countersue Tiffany In Takeover Gone Sour

Louis Vuitton owner LVMH said, among a number of things, Tiffany has mismanaged the coronavirus crisis. 

LVMH plans to sue Tiffany over troubled deal, alleges jeweler mismanaged coronavirus crisis

Luxury goods group LVMH said on Thursday it would sue Tiffany , to fight off the U.S. jeweller's accusations that it was deliberately trying to bow out of an acquisition deal and to challenge its handling of the coronavirus crisis.

LVMH to counter sue Tiffany in fight over troubled takeover

LVMH intends to file a lawsuit in Delaware against Tiffany as a result of its crisis mismanagement

LVMH's plans to end its $16 billion acquisition of U.S. jeweler Tiffany & Co follows roughly 1,900 deals that have been cancelled, renegotiated or disputed around the world since the start of the COVID-19 pandemic, according to S&P Global Market Intelligence.

Factbox: LVMH's bid for Tiffany only the latest victim of COVID-19 pandemic

A letter sent to luxury goods group LVMH by the French foreign ministry requesting it delay its $16 billion purchase of U.S. jeweller Tiffany to early January was not binding, a French government source said.

Exclusive: French government request that LVMH delay Tiffany deal was only advice

Luxury group says it cannot go ahead with buyout of jeweller, blaming ‘succession of events’

Tiffany sues LVMH for scrapping $16bn takeover

M&A news of LVMH backing out of its $16.2 billion deal with Tiffany & Co. from November 2019 has TIF stock taking a beating on Wednesday.

M&A News: Tiffany & Co. (TIF) Stock Tanks 8% as LVMH Cancels Deal

Luxury fashion house cites potential tariffs on French goods and Tiffany's request to extend deal deadline as reasons for termination

Tiffany Shares Lose Their Sparkle as LVMH Pulls the Plug on $16.2 Billion Deal

Luxury goods group LVMH's financial chief said on Wednesday it was no longer possible for the conglomerate to carry out its $16 billion acquisition of Tiffany after the French government asked it to delay closure deadlines.

LVMH says Tiffany acquisition 'cannot happen'

Pre-market futures are clawing back some of their losses from three days of sell-off carnage, whereby the tech-heavy Nasdaq index has since fallen 10%.

Markets Try to Claw Back, Tiffany Deal in Question

The jeweler says the luxury conglomerate didn't even try to complete the required steps to close the deal.

Tiffany Sues as LVMH Backs Out of $16 Billion Acquisition

The French can be touchy. A current example: French Minister for Europe and Foreign Affairs, Jean-Yves Le Drian, has asked LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault to delay LVMH’s acquisition of Tiffany & Co.

US, EU Tariff War Apparently Scuttles LVMH Acquisition of Tiffany

Tiffany & Co (NYSE: TIF) shares are trading lower on Wednesday after LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) called off a deal to buy jeweler.

Tiffany Falls On Report Company Will Sue LVMH Over Delayed Takeover

LVMH just left Tiffany at the altar. The French luxury conglomerate said Wednesday that it’s walking away from its $16.2 billion takeover of the storied New York jeweler — but Tiffany said it’s suing to keep the deal intact.

Tiffany sues LVMH as French luxury giant walks away from acquisition deal

The world’s biggest luxury conglomerate looks to be entering into an acrimonious split with Tiffany, which it agreed to buy for a record $16.2 billion last November.

LVMH Calls Off Bid To Buy Tiffany & Co., Jeweler Sues Luxury Conglomerate

Louis Vuitton owner LVMH is scrapping its $16.2 billion acquisition of Tiffany.

News for LVMH Moet Hennessy Louis Vuitton Stock (LVMUY)