14.5
Amount (in billions of U.S. dollars) that the luxury giant LVMH (Louis Vuitton Moët Hennessy) bid this week for the jeweler Tiffany & Co, potentially the largest acquisition in LVMH’s history. LVMH owns 75 luxury brands, including the Champagne houses Krug, Dom Pérignon, Moët & Chandon, and Veuve Clicquot, as well as the fashion brands Dior, Fendi, Celine, and Givenchy. The company has nearly 5,000 stores and 150,000 employees.