The acquisition reinforces the position of
"We have an immense respect and admiration for Tiffany and intend to develop this jewel with the same dedication and commitment that we have applied to each and every one of our Maisons,"
The president of the board of directors of Tiffany,
"This transaction, which occurs at a time of internal transformation for our legendary brand, will provide further support, resources and momentum for those priorities as we evolve toward becoming The Next Generation Luxury Jeweler," said
The jewelry and goldsmith firm was founded in
The
The opening sequence of the film featured British actor
The acquisition has been approved by the boards of directors of the two groups.
The transaction will be closed by mid-2020 once Tiffany shareholders approve the purchase and the relevant regulatory authorizations are obtained.
It has 145,247 employees and has high profile subsidiaries that include
© 2019 EFE News Services (U.S.) Inc., source