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The acquisition of Tiffany & Co. will greater than double LVMH’s revenue in the watches and jewellery category. Media stories, quoting sources near the negotiation, indicate that the Tiffany & Co. board has rejected the $US14.5 billion offer as too low, yet is ‘receptive’ to the next bid. Three weeks after confirming its intention to broaden into India, Tiffany & Co. releases its monetary results for the primary half of 2019. The report indicates that income has declined three per cent, to $US2.1 billion, whereas sales have fallen four per cent. However, watches and jewelry – comprised of Bulgari, Chaumet,…