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| Name | Symbol | Market | Type |
|---|---|---|---|
| LVMH Moet Hennessy Louis Vuitton SA (PK) | USOTC:LVMUY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.38 | 0.82% | 169.29 | 166.98 | 172.14 | 170.58 | 168.28 | 168.86 | 127,292 | 21:05:46 |
From Apr 2019 to Apr 2024
By Carlo Martuscelli
LVMH Moet Hennessy Louis Vuitton SE (MC.FR) said Monday that it is in talks over a potential transaction with U.S. jeweler Tiffany & Co. (TIF).
The French luxury-goods company said that it was responding to market rumors, and that there was no assurance the discussions would result in an agreement.
On Sunday, the Wall Street Journal reported that LVMH has proposed a $120 a share takeover offer for Tiffany, valuing the U.S. company at close to $14.5 billion. Shares of New York-based Tiffany closed Friday at $98.55.
At 0808 GMT, shares of LVMH traded 1.3% higher at EUR389.10.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com; @carlomartu
(END) Dow Jones Newswires
October 28, 2019 04:28 ET (08:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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