September 15, 2020

How a Deal to Buy Tiffany Lost Its Sparkle

by The Journal.

The conglomerate LVMH struck the largest acquisition deal in the history of the luxury goods industry last year, agreeing to purchase Tiffany & Co. for $16.2 billion. Last week, LVMH announced it was backing out of the deal. WSJ's Matthew Dalton walks us through how the historic deal has gone awry.

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