France's King of Bling Has $20 Billion to Play With

France’s King of Bling Has $20 Billion to Play With

(Bloomberg Opinion) — Like expensive gems, luxury goods companies have scarcity value. If Bernard Arnault’s LVMH Moet Hennessy Louis Vuitton SE is allowed to get its hands on Tiffany & Co., the American jeweler is unlikely to come up for sale again. That’s s…

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