LVMH confirms it has submitted Tiffany transaction for approval by the European Commission
September 18 2020 - 2:26PM
LVMH confirms it has submitted Tiffany transaction for approval by
the European Commission
Paris, September 18th, 2020
LVMH confirms that earlier today, immediately
after receiving approval to proceed by the European Commission, it
has submitted the proposed acquisition of Tiffany for antitrust
review, as it has always stated it would do.Eight of the ten
requisite antitrust clearances have already been obtained. LVMH
expects to receive approval from the European Commission and Taiwan
well before the November 24, 2020 Outside Date.
LVMHLVMH Moët Hennessy Louis
Vuitton is represented in Wines and Spirits by a portfolio of
brands that includes Moët & Chandon, Dom Pérignon, Veuve
Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem,
Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars,
Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de
Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des
Andes, Cape Mentelle, Newton, Bodega Numanthia, Ao Yun, Château
d'Esclans and Château du Galoupet. Its Fashion and Leather Goods
division includes Louis Vuitton, Christian Dior Couture, Celine,
Loewe, Kenzo, Givenchy, Pink Shirtmaker, Fendi, Emilio Pucci, Marc
Jacobs, Berluti, Nicholas Kirkwood, Loro Piana, RIMOWA, Patou and
Fenty. LVMH is present in the Perfumes and Cosmetics sector with
Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums,
Perfumes Loewe, Benefit Cosmetics, Make Up For Ever, Acqua di
Parma, Fresh, Fenty Beauty by Rihanna and Maison Francis Kurkdjian.
LVMH's Watches and Jewelry division comprises Bvlgari, TAG Heuer,
Chaumet, Dior Watches, Zenith, Fred and Hublot. LVMH is also active
in selective retailing as well as in other activities through DFS,
Sephora, Le Bon Marché, La Samaritaine, Groupe Les Echos, Cova, Le
Jardin d’Acclimatation, Royal Van Lent, Belmond and Cheval Blanc
hotels.
LVMH CONTACTS
Analysts and investorsChris HollisLVMH+ 33 1 44 13
21 22 |
MediaJean-Charles TréhanLVMH+ 33 1 44 13 26
20 Nik Deogun / Jonathan DoorleyBrunswick Group+1 212 333
3810 Aurélia de LapeyrouseBrunswick Group+33 1 53 96 83
83 Olivier Labesse DGM Conseil+33 1 40 70 11 89 |
- LVMH Press Release 18 September 2020
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