Tiffany and Co said it has filed foran initial public offering of four mln shares, including two
mln to be sold by shareholders, at an expected price of 21 to
23 dlrs per share.
    The company said the offering is expected to be made in
late April or early May, with 3,200,000 shares being sold
domestically through underwriters led by American Express Co's
&lt;AXP> Shearson Lehamn Brothers Inc and &lt;Goldman, Sachs and Co>
and the remainder are to be offered internationally, with the
same lead underwriters.  It said it has applied for New York
Stock Exchange listing.
    Tiffany, a retailer of fine jewelry and gift items, said
proceeds of the offering would be used to repay debt.
    Tiffany had been publicly traded previously until a 1979
acquisition by Avon Products Inc &lt;AVP>.  In October 1984, a
group of investors acquired Tiffany from Avon in a leveraged
buyout.
 Reuter
