LVMH €15 billion acquisition of Tiffany

27/11/2019

Public acquisition

Value:

€ 14.7 billion

Dollar value:

$ 16.177 billion

Status:

Announced

Date:

27/11/2019

Overview:

Luxury group LVMH has reached an agreement to acquire jeweler Tiffany.
LVMH obtained financing for the acquisition from a syndicate of banks.

Laura Mendes - Researcher

Jurisdictions:

United States
France

Deal type:

Public acquisition

Practice area:

M&A

Governing laws:

United States
France

Industry sector:

Consumer goods and services

Firms:

Allen & Overy

Party: Banks (Lenders)

Lawyers: Nicholas Clark, Thomas Roy, Todd Koretzky

Skadden Arps Slate Meagher & Flom

Party: LVMH (Acquirer)

Lawyers: Arash Attar-Rezvani, Armand Grumberg

Sullivan & Cromwell

Party: Tiffany & Co. (Seller)

Lawyers: Frank Aquila, Melissa Sawyer, Olivier de Vilmorin

White & Case

Party: LVMH (Borrower)

Lawyer: Raphaël Richard

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