AP Images/Paul Sakuma
If LVMH buys Tiffany and Co., it will be the luxury-giant's largest acquisition to date.
- Luxury conglomerate LVMH has announced interest in buying jewelry retailer Tiffany and Co.
- As Reuters reported, the deal could be worth $14.5 billion, making it the single most expensive deal LVMH has ever made.
- LVMH's portfolio includes 75 different brands that range from wines and spirits to leather goods and cosmetics.
- If the deal goes through, Tiffany would join brands such as Christian Dior, Louis Vuitton, and Hennessy as part of LVMH's expansive portfolio.
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LVMH has announced an interest in buying Tiffany and Co., the jewelry brand founded in 1837.
On Monday, Tiffany published a press statement on its website, announcing that LVMH had approached the jewelry retailer about an unsolicited, non-binding proposal. Tiffany stated that their Board of Directors was "carefully reviewing the proposal" and will "determine the course of action it believes is in the best interests of the Company and its shareholders."
According to Reuters, a deal between the two companies could be worth $14.5 billion, making it the most expensive acquisition LVMH has ever made.
If Tiffany becomes part of LVMH, the jewelry retailer would be joining the luxury conglomerates already-extensive collection of brands, which range from the cosmetics store Sephora and fashion house Christian Dior to French newspaper Le Parisien. In total, the LVMH owns 75 different brands.
Keep reading to see 17 of the most iconic brands the luxury giant owns, ranked in chronological order of LVMH's acquisition date.