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Louis Vuitton Owner Bid $14.5 Billion for Tiffany

  • Bernard Arnault’s LVMH bids about $120-share for U.S. jeweler
  • Europe’s richest man could tap more aspiring American shoppers
Bloomberg business news
Bloomberg’s Jinshan Hong reports on LVMH’s offer to Buy Tiffany and Co. for about $14.5B.(Source: Bloomberg)
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LVMH, the French owner of Louis Vuitton and Givenchy, offered to buy jeweler Tiffany & Co. for about $14.5 billion in a deal that would expand its access to U.S. luxury shoppers, people familiar with the situation said.