21-11-2019 13:06 via finance.yahoo.com

LVMH’s New $16 Billion Offer for Tiffany May Still Be Too Low for Some

(Bloomberg) -- LVMH’s new $130 per-share offer for Tiffany & Co. may represent a “happy medium” for shareholders that could seal the deal for the U.S. jeweler, according to some analysts, while others held out the possibility of investors balking at that price.“I would say the minimum requirement is $140 to $145,” given the multiples LVMH paid for Bulgari, Cedric Ozazman, head of investment and portfolio management at Reyl & Cie., which owns shares in LVMH,
Read more »