That represents a discount of $425 million for LVMH. The transaction, which has received regulatory clearance, is expected to close in early 2021, subject to Tiffany shareholder approval.
lvmh discounts flights LVMH, the world's biggest luxury group, has called off its $16 billion engagement to Tiffany. Wall Street however seems to think the US jeweller will fare just fine by itself.
Oct 27, 2020 · U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in talks to settle their dispute over a $16 billion takeover at a price slightly lower than that initially agreed, sources familiar …
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