LVMH Group Offers To Buy Tiffany & Co.

LVMH, the worlds largest luxury goods company, with revenue of over $50 Billion dollars, has made a $14.5 Billion dollar offer to purchase outright Tiffany & Co.  The unsolicited bid, if accaepted, would be LVMH's largest acquisition, would be LVMH's largest acquisition to date, after it's acquisition of Bulgari in 2011, and would almost double LVMH's jewellery holdings.

It's believed that the move is motivated by Tiffany's flagging sales, posting around $4 Billion ion sales last year, and by LVMH's intention to bolster it's jewellery roster, which is currently one of it's smaller divisions.

There is a possibility the Tiffany may move on this deal, as they have expressed a wish to attract new customers, with an announcement of a new mens jewelery collection, and LVMH, with it's bold reach allowing some very big collaborations, such as Rimowa collars with OFF-WHITE, Dior and Supreme, and Bulgari's collaborations with fragment, and Dior's, collaboration with Daniel Arsham and Hajime Soroyama, Tiffany would have the chance to have some serious fire injected into it's blood.

Whether Tiffany accept the deal or not, investors are extremely happy, as the news caused Tiffany & Co. shares to surge by a massive 32%, to $120, and Analysts saying they is the potential for them to rise to $140 per share.