By
with contributions from Evan Clark
 on October 28, 2019

PARIS — Shares LVMH Moët Hennessy Louis Vuitton slipped slightly Monday after the luxury giant confirmed it had made an approach to Tiffany & Co. regarding a potential takeover.

LVMH shares closed down 0.5 percent to 382.10 euros in Paris. But shares of Tiffany & Co. shot up 32.3 percent to $130.40 in New York.

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