Dueling over diamonds: LVMH says Tiffany not worth buyout
It’s an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and US jeweller Tiffany & Co. are blaming each other for the collapse of what would have been the sector’s biggest-ever buyout deal. Paris-based LVMH had announced on Wednesday it was abandoning the $14.5 billion takeover plan because the French government had requested a […]
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