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Thursday, September 10, 2020

LVMH countersues Tiffany & Co. after acquisition breakdown


LVMH countersues Tiffany & Co. after acquisition breakdown



French luxury brand group LVMH said on Thursday that it will countersue Tiffany & Co. after the breakdown of what was expected to be a $16.2 billion acquisition of the iconic U.S.-based jeweler by LVMH.

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