LVMH, Tiffany agree on lower price in takeover deal: sources

In this news, we discuss the LVMH, Tiffany agree on lower price in takeover deal: sources.

(Reuters) – French luxury giant LVMH LVMH.PA will pay $ 131.50 a share to buy Tiffany & Co TIF.N, $ 3.50 less than agreed last November, told Reuters on Wednesday sources close to the case.

Reporting by Uday Sampath in Bengaluru and Greg Roummeliotis in New York; Edited by Anil D’Silva

Original © Thomson Reuters

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