Tiffany/LVMH Deal Likely Has 65% Odds of Closing, Survey Says

LVMH’s planned purchase of Tiffany & Co. is still likely to happen even as the two luxury goods companies spar over the $16 billion deal, according to analysts and investors surveyed by Bloomberg.

Survey respondents see a 65% chance the transaction will still take place, with Wall Street odds ranging from as low as 10% to as high as 90%. Risk-arbitrage analysts and investors see a potential price cut to $127.50 a share, with responses ranging anywhere from $100 to $130.

If a deal doesn’t happen, Tiffany shares may drop to $85.30 a share, with analysts seeing a range of ...