Watch CBS News

LVMH planning to buy Tiffany for $16.2 billion

Name: LVMH planning to buy Tiffany for $16.2 billion
Uploaded: 2019-11-25T20:25:00-0500
Duration: 34 s
Description: French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany and Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. CBSN Los Angeles reports.

French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany and Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. CBSN Los Angeles reports.