LVMH abandons $16.2bn Tiffany takeover
11 September 2020 |
7:00 am
LVMH - the parent company of luxury brands including Louis Vuitton, Christian Dior, and Moët & Chandon - has walked away from a deal to buy storied New York jeweller Tiffany & Co. It says the French government pressured it to delay the takeover amid a transatlantic trade spat. We take a closer look.
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