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Sunday, November 24, 2019

LVMH reaches agreement to buy Tiffany for $135 per share

French luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewelry chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal.


from Reuters: Business News https://ift.tt/35oIJXs

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VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals. from BBC News https://ift.tt/TDOGIkf