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LVMH planning to buy Tiffany for $16.2 billion

CBS News Tuesday, 26 November 2019
French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany and Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. CBSN Los Angeles reports.
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Video Credit: Reuters Studio - Published
News video: LVMH to buy Tiffany for $16.2 bln

LVMH to buy Tiffany for $16.2 bln 01:05

LVMH has agreed a deal to buy U.S. jeweler Tiffany for $16.2 billion. Julian Satterthwaite reports.

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LVMH LVMH French multinational luxury goods conglomerate

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France's LVMH faces an uphill battle in walking away from its $16 billion deal to buy U.S. jeweler Tiffany, with legal experts noting most mergers which end up in court are renegotiated rather than dissolved. Fred Katayama reports.

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LVMH to counter sue Tiffany over troubled deal [Video]

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Luxury goods group LVMH said on Thursday it would counter-sue Tiffany, accusing it of mismanagement through the coronavirus crisis after the U.S. jeweler accused the French group of trying to bow out of a $16 billion acquisition deal. This report produced by Yahaira Jacquez.

Credit: Reuters Studio    Duration: 01:19Published

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LVMH Reaches Deal To Acquire Tiffany & Co. For $16.2 Billion [Video]

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