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LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA)

LVMH.PA on Paris Stock Exchange

492.50EUR
23 Nov 2020
Change (% chg)

€-0.05 (-0.01%)
Prev Close
€492.55
Open
€495.50
Day's High
€498.80
Day's Low
€492.50
Volume
466,197
Avg. Vol
470,645
52-wk High
€498.80
52-wk Low
€278.70

Latest Key Developments (Source: Significant Developments)

LVMH And Tiffany Modify Merger Price
Thursday, 29 Oct 2020 

Oct 29 (Reuters) - LVMH MOET HENNESSY LOUIS VUITTON SE ::REG-TIFFANY AND LVMH MODIFY MERGER PRICE.TIFFANY TO BE ACQUIRED FOR $131.50 PER SHARE IN CASH.HAVE APPROVED TERMS OF TRANSACTION AND ALL REQUIRED REGULATORY APPROVALS HAVE BEEN OBTAINED.MODIFIED MERGER AGREEMENT PROVIDES THAT REGULARLY SCHEDULED TIFFANY QUARTERLY DIVIDEND OF $0.58 PER SHARE DUE TO BE DECLARED ON NOVEMBER 19, 2020 WILL BE DECLARED AND PAID.MERGER IS EXPECTED TO CLOSE IN EARLY 2021, SUBJECT TO TIFFANY SHAREHOLDER APPROVAL AND CUSTOMARY CLOSING CONDITIONS.TIFFANY AND LVMH HAVE ALSO AGREED TO SETTLE THEIR PENDING LITIGATION IN DELAWARE CHANCERY COURT.  Full Article

LVMH Announces Payment Of 2020 Interim Dividend Of EUR 2.00 Per Share
Thursday, 22 Oct 2020 

Oct 22 (Reuters) - LVMH MOET HENNESSY LOUIS VUITTON SE ::REG-LVMH: 2020 INTERIM DIVIDEND.IT WAS DECIDED TO PAY AN INTERIM DIVIDEND OF EUR 2.00 PER SHARE ON THURSDAY.PAYMENT OF DIVIDEND WILL BE ON DECEMBER 3RD 2020.  Full Article

Tiffany & Co Says Taiwan Fair Trade Commission Determined To Waive Its Jurisdiction Over The Merger
Wednesday, 30 Sep 2020 

Sept 29 (Reuters) - Tiffany & Co ::TIFFANY & CO - TAIWAN FAIR TRADE COMMISSION DETERMINED TO WAIVE ITS JURISDICTION OVER THE MERGER, EFFECTIVELY GRANTING CLEARANCE OF THE MERGER.TIFFANY & CO - TRANSACTION REMAINS SUBJECT TO RECEIVING REGULATORY CLEARANCE BY THE EUROPEAN COMMISSION, WHICH IS ANTICIPATED BY THE END OF OCTOBER.  Full Article

Tiffany Says Responds To LVMH's Request To Delay Delaware Trial For "Six Or Seven Months"‎
Thursday, 17 Sep 2020 

Sept 16 (Reuters) - Tiffany & Co ::TIFFANY RESPONDS TO LVMH'S REQUEST TO DELAY DELAWARE TRIAL FOR "SIX OR SEVEN MONTHS"‎.CORRECTS INACCURATE STATEMENTS BY LVMH REGARDING MERGER AGREEMENT.TIFFANY - RESPONDED TO OPPOSITION FILED TODAY BY LVMH TO TIFFANY'S MOTION TO EXPEDITE ITS LAWSUIT IN DELAWARE CHANCERY COURT."LVMH IS CONTINUING ITS BLATANT ONGOING EFFORTS TO AVOID PAYING AGREED-UPON PRICE FOR TIFFANY".LVMH'S CLAIM OF "MATERIAL ADVERSE EFFECT" IS BASELESS."LVMH'S BEHAVIOR FORCED TIFFANY TO FILE ITS COMPLAINT".IF LVMH WERE CONFIDENT IN ITS LEGAL POSITION, IT WOULD HAVE NO REASON TO OPPOSE AN EXPEDITED TRIAL SCHEDULE.URGE COURT TO HOLD TRIAL ON A TIMETABLE THAT WILL ENABLE A DECISION BEFORE NOVEMBER 24 TERMINATION DATE IN MERGER AGREEMENT.ALREADY RETURNED TO PROFITABILITY AND EXPECT TO REMAIN PROFITABLE FOR BALANCE OF YEAR.TIFFANY REMAINS COMMITTED TO COMPLETING TRANSACTION ON AGREED TERMS AND TIMING.  Full Article

Tiffany Says On Sept. 10, Japan Fair Trade Commission And Mexican Competition Authority Granted Clearance Of Merger
Friday, 11 Sep 2020 

Sept 11 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE ::TIFFANY & CO - ON SEPT. 10, JAPAN FAIR TRADE COMMISSION AND MEXICAN COMPETITION AUTHORITY GRANTED CLEARANCE OF MERGER.TIFFANY & CO - LVMH TRANSACTION REMAINS SUBJECT TO RECEIVING ADDITIONAL REGULATORY CLEARANCES BY EUROPEAN COMMISSION & TAIWAN FAIR TRADE COMMISSION.TIFFANY & CO - RECEIVED ADDITIONAL REGULATORY APPROVALS NECESSARY FOR COMPLETION OF PROPOSED ACQUISITION BY LVMH MOËT HENNESSY-LOUIS VUITTON SE.  Full Article

Tiffany To Sue LVMH Over Delayed $16 Billion Takeover- FT
Wednesday, 9 Sep 2020 

Sept 9 (Reuters) - :TIFFANY TO SUE LVMH OVER DELAYED $16 BILLION TAKEOVER- FT.  Full Article

LVMH: to discuss possible interim dividend at October boardroom meeting
Monday, 7 Sep 2020 

Sept 7 (Reuters) - LVMH::LVMH SAYS BOARD OF DIRECTORS WILL DISCUSS IN OCTOBER WHETHER TO PAY AN INTERIM DIVIDEND- LETTER TO SHAREHOLDERS.  Full Article

LVMH: Kenzo Partners With Vans For The Spring-Summer 2020 Season
Monday, 20 Jul 2020 

July 20 (Reuters) - LVMH ::KENZO PARTNERS WITH VANS FOR THE SPRING-SUMMER 2020 SEASON.  Full Article

BRIEF, RPT-Vivendi: holds 16.48% of Lagardere share capital
Monday, 25 May 2020 

Repeats to new USN:CORRECTED - VIVENDI HOLDS 12.41% OF LAGARDERE VOTING RIGHTS.VIVENDI HOLDS 16.48% OF LAGARDERE SHARE CAPITAL.VIVENDI REITERATES IT HAS OPTION TO BUY UP MORE SHARES IN LAGARDERE, BUT HAS NO PLANS TO BUY CONTROL OF LAGARDERE - AMF FILING.  Full Article

Vivendi raises stake in Lagardere's share capital to 16.48% - AMF filing
Monday, 25 May 2020 

May 25 (Reuters) - Lagardere /Vivendi ::* Vivendi raises stake in Lagardere to 16.48% of share capital and 12.41% of voting rights .  Full Article