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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On August 15, 2021, the Taliban overthrew Ashraf Ghani's government and seized power in Afghanistan. One year later, the country is facing multiple challenges that demand immediate global attention.
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Uniper's situation has looked increasingly vulnerable following the closure of the Nord Stream 1 pipeline. Previously, Germany's largest importer of natural gas said soaring energy prices had hit the company hard.
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ust two weeks before going to trial, Elon Musk has agreed to follow through with his $44 billion deal to buy Twitter. The billionaire entrepreneur had tried to call off the takeover just days after announcing it in April. Twitter shares soared as the news was confirmed.
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