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LVMUY LVMH Moet Hennessy Louis Vuitton SA (PK)

168.77
0.27 (0.16%)
06 May 2024 - Closed
Delayed by 15 minutes
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
  0.27 0.16% 168.77 168.56 169.00 169.31 167.57 168.07 123,448 21:00:01

LVMH, Tiffany Push Back $16.2 Billion Deal Deadline to Nov. 24 -Reuters

25/08/2020 8:53am

Dow Jones News


LVMH Moet Hennessy Louis... (PK) (USOTC:LVMUY)
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-- Luxury-goods company LVMH Moet Hennessy Louis Vuitton SE and U.S. jeweler Tiffany & Co. have extended by three months, until Nov. 24, the deadline to complete their $16.2 billion deal, Reuters reported Monday, citing an unnamed source.

--LVMH failed to close the acquisition of Tiffany on August 24, according to Reuters.

--Under the deal, both companies set August 24 as the first deadline to complete the tie-up but Tiffany decided to exercise an existing option that allows it to push back the deadline to Nov. 24, Reuters reported.

 

Full story: https://reut.rs/3aTaUSg

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

August 25, 2020 03:38 ET (07:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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