Professional Jeweller -Investment fund Bernheim, Drefus & Co believes that luxury jewellery Tiffany & Co could be subject to a takeover bid by a luxury conglomerate in 2011.
The Paris-based hedge fund manager said that there are three “likely acquirers” – Richemont, Swatch Group and LVMH. It said: “Being part of a luxury conglomerate, Tiffany would be able to increase its footprint and have a stronger position towards its stakeholders.”
