LVMH to Buy Tiffany & Co. for $16.2 Billion

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LVMH to Buy Tiffany & Co. for $16.2 Billion
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LVMH Moët Hennessy Louis Vuitton just acquired Tiffany & Co. for a record-breaking $16.2 billion; it's the largest deal ever made in the luxury sector.

Smith Collection/GadoLVMH Moët Hennessy Louis Vuitton just acquired Tiffany & Co. for a record-breaking $16.2 billion—the largest deal ever made in the luxury sector.

As Tiffany & Co. heads under LVMH, the luxury jeweler will join other iconic brands that have already been acquired like Dior, Givenchy, and Fendi.

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