This Wall Street Journal post includes the latest rumors that LVMH wants to buy Tiffany …
Now, these rumors, which the companies deny comment on, apparently have done a bit for Tiffany’s stock price … And while they are just rumors – rumors which have been proven false in the past, even if they keep coming up – if you don’t mind speculating, follow me here …
– De Beers and LVMH are partners in the De Beers retail chain.
– De Beers is also a major supplier to Tiffany, which has no less than five sights.
So if this deal does go through – and let me stress there is no offer, never mind a deal — De Beers would be partners with the owner of a major customer. Interesting!
UPDATE: Great point from Homer in the comments.
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