LVMH and Tiffany (Speculation Goes Wild!)

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.

JCK News Director