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LVMH Says It Will Countersue Tiffany In Takeover Gone Sour
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LVMH Says It Will Countersue Tiffany In Takeover Gone Sour


Luxury goods purveyor LVMH said Thursday it will countersue fine jewelry maker Tiffany for mismanagement and violating the terms of their deal to take it over, according to a statement, coming just a day after LVMH said it was pulling out of the deal and Tiffany filed a suit to force the deal through. KEY FACTS - LVMH’s countersuit is expected within days, according to the New York Times. …

One To Watch: Franck Muller Launches Hyper-Exclusive King Tourbillon Limited Edition

One To Watch: Franck Muller Launches Hyper-Exclusive King Tourbillon Limited Edition


Swiss horology brand Franck Muller can’t be accused of making an understatement. The “Master of Complications” brand has provenance, and a history of bold innovation. For instance, it crafted the signature Cintree Curvex case at a time when haute horology was bound by tradition, and round watches were the norm. It was in the 90s that Franck Muller imagined and carved a three-dimensional…

LVMH Says It’s Not Seeking To Buy Tiffany & Co Shares On The Market As Doubts Are Cast On The Deal

LVMH Says It’s Not Seeking To Buy Tiffany & Co Shares On The Market As Doubts Are Cast On The Deal


French luxury conglomerate LVMH said it will not buy up shares of Tiffany & Co on the market in a bid to get a lower price for the American jeweler, as the company is seeking to renegotiate its $16.2 billion deal for the retailer hard hit by the coronavirus crisis. KEY FACTS - The world’s most valuable luxury brand secured a deal to acquire Tiffany & Co in a deal that valued…

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