LVMH cancels $14.5 billion deal for Tiffany, citing tariffs
|
September 9, 2020 6:03 AM
NEW YORK (AP) — Luxury goods giant LVMH is ending its takeover deal of luxury jewelry retailer Tiffany & Co., saying the French government had requested a delay to the agreement due to the threat of proposed U.S. tariffs on French goods.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
