Warren Buffett turned down a chance to buy Tiffany's
and conclude his Berkshire Hathaway conglomerate's four-year stretch without a major acquisition.
After Tiffany's received a takeover bid from LVMH, the jewelry giant invited Buffett to make a counteroffer,, citing people briefed on the matter. Buffett confirmed Tiffany's approached him to the newspaper. Berkshire's billionaire CEO is a longtime admirer of Tiffany's and viewed it as a possible acquisition, the Financial Times said, citing bankers who have advised Buffett. In fact, he helped the retailer to weather the financial crisis by
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla delivers first 15 Chinese-made Model 3 cars from Shanghai plant - Business InsiderElon Musk's electric car company began construction on its first China factory less than a year ago, and is already delivering vehicles.
Read more »
Why it's more challenging to scale AI projects at Cruise - Business InsiderHere's exactly how to check if your company's AI is as advanced as you think it is, from the engineer pushing GM's driverless-car unit
Read more »
WellSet COO on avoiding burnout and finding work-life balance in tech - Business InsiderThis 30-year-old COO quit a career in private equity and a starring role at Pinterest to work in wellness tech after finding purpose in Buddhism
Read more »
The top 5 new TV shows premiering in January, including a 'Star Trek' series - Business InsiderThe most anticipated new TV shows of January include CBS All Access' 'Star Trek: Picard' and HBO's Stephen King adaptation, 'The Outsider.'
Read more »
US oil output will overtake OPEC’s by 2024, thanks to fracking | Markets InsiderOPEC's World Oil Outlook for 2019 found that output will fall over the next five years, while America's shale oil production will overtake that ...
Read more »
Here are 3 reasons why America's future 'belongs to the left' | Markets InsiderAmerica's future could swing the left, and with it, so would policy and the structure of the economy. 'The US appears destined to drift to...
Read more »