London Daily

London Daily News
Tuesday, Dec 01, 2020

LVMH drops $16 billion Tiffany takeover, battle lines drawn

LVMH drops $16 billion Tiffany takeover, battle lines drawn

French luxury goods giant LVMH said it would walk away from its planned $16 billion takeover of U.S. jeweler Tiffany , in the most high-profile example of a deal to face collapse following the COVID-19 pandemic.
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