LVMH walks away from Tiffany

LVMH walks away from Tiffany

French luxury goods company Louis Vuitton Moët Hennessy (FR:MC) struck a deal to purchase jewellery retailer Tiffany & Co (US:TIF) for $16.2bn (£12.5bn) last year. The takeover was approved by shareholders back in February and the tie-up was expected to complete this year. 

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