LVMH abandons $16.2bn Tiffany takeover

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.

More From Guardian TV

Don't Miss