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LVMUY LVMH Moet Hennessy Louis Vuitton SA (PK)

164.02
-0.13 (-0.08%)
01 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
  -0.13 -0.08% 164.02 162.00 165.13 167.5099 163.41 164.17 112,195 22:20:00

LVMH, Tiffany in Talks Over New Terms for Potential Takeover -FT

27/10/2020 4:11pm

Dow Jones News


LVMH Moet Hennessy Louis... (PK) (USOTC:LVMUY)
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--LVMH Moet Hennessy Louis Vuitton is in talks with Tiffany & Co. over new terms for a potential combination, reports the Financial Times, citing unnamed sources.

--The French luxury-goods company is open to new terms after U.S. jeweler Tiffany indicated recently it was willing to consider a bid lower than the original $135 a share, as long as it remained above $130 a share, the FT reports, adding that negotiations are continuing.

--LVMH had previously threatened to walk away from the deal, and the two sides currently have active lawsuits against each other in the U.S.

 

Full story: https://on.ft.com/31O0xfd

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

October 27, 2020 11:56 ET (15:56 GMT)

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

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