Posts tagged: LVMH

Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino - Part 5

Wednesday, 3 June 2020, 8:12 am

Tiffany's shares slumped almost 10pc overnight amid a talk LVMH is getting cold feet again about the $16 billion takeover.

This time, though, it's not Gasparino but Women's Wear Daily stoking concerns with a report claiming LVMH's board members are to hold/held a meeting to discuss whether the company should back out of the deal. Below is a link to the WWD scoop:..

Read more...

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...

Read more...