Charlie Gasparino

Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino - Part 2

Monday, 16 March 2020, 9:33 pm

Wow: Tiffany is down almost 10pc, trading around $115 a share.

That's quite a discount to LVMH's $135 / $16 billion cash offer price. I guess Gasparino was barking up the right tree on Friday with his note about punters placing bets on the deal falling through - although I'm not quite sure how that would work in practicality...

Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino

Friday, 13 March 2020, 6:49 pm

Market turbulence and fears over a recession is clearly hitting dealmaking. Today, for example, Aston Martin and Lawrence Stroll have re-cut the fundraising deal with the Tommy Hilfiger tycoon as the embattled carmaker needed an extra £20 million.

Stroll, though, is getting a better deal with his consortium partners receiving 25pc of the company in return for £171m at a price of £2.25 per share...

Betaville

Posts tagged: Charlie Gasparino

Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino - Part 2

Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino

Recent

Popular

Authors

Betaville Scoops

Subscriptions

Beta Tweets