October 27, 2020

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LVMH drops $14.5B deal for Tiffany, cites US tariffs threat

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Luxury goods giant LVMH is ending its months-long pursuit of luxury jewellery retailer Tiffany & Co. The French conglomerate said that it needs more time to assess the impact of proposed U.S. tariffs and cannot close the deal before year-end

2020-09-09 08:02:48

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