The memory of Audrey Hepburn, the unforgettable Holly Golightly of
Breakfast at Tiffany's (Diamonds on the Couch)
, will not be tarnished by an aborted takeover bid.
Like the film from which it takes its name, the "Breakfast" operation will end with a happy end: the takeover of "Tea" (Tiffany) by "Latte" (LVMH), the largest merger acquisition operation of the history of luxury will take place.
According to our information, after a week of intense negotiations, LVMH, world leader in the sector, and the American jeweler Tiffany reached an agreement on Wednesday to modify the marriage contract they had signed on November 24, 2019. Tiffany agreed to a slight discount: LVMH will only have to pay $ 15.78 billion ($ 131.50 per share) to afford the jeweler, famous for having bought the crown jewels of France, instead of the 16.2 billion ($ 135 per share) initial.
With this new
merger agreement
, the two parties will avoid the trial that awaited them from January 5
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