LVMH files countersuit against Tiffany over $16.2B deal

LVMH has filed a countersuit against Tiffany over their ruined $16.2 billion merger deal, noting conditions necessary to close the acquisition of the jewelry chain have not been met. / AP FILE PHOTO/MICHEL EULER
LVMH has filed a countersuit against Tiffany over their ruined $16.2 billion merger deal, noting conditions necessary to close the acquisition of the jewelry chain have not been met. / AP FILE PHOTO/MICHEL EULER
NEW YORK (AP) – Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has filed a countersuit against Tiffany & Co. over their ruined merger deal, noting conditions necessary to close the $16.2 billion acquisition of the jewelry chain have not been met. It also noted in a statement that the “spurious arguments put forward by…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display