LV parent company buys Tiffany
① LVMH Moët Hennessy Group, also known as LVMH , the full name is LouisVuitton Moët Hennessy (France Moët Hennessy-Louis Vuitton Group), which was formed in 1987 by the merger of Louis Vuitton and Moët Hennessy (Moët Hennessy). It owns more than 50 brands. , is the world’s largest luxury goods group.
②Tiffany & Co. was born in 1837 and is a famous American jewelry and watch brand.
LVMH values Tiffany & Co. (TIF.N) at $16.2 billion.