LVMH has unexpectedly announced that it is no longer able to carry out the acquisition of Tiffany due to the intervention of the French government. We believe that LVMH is still willing to buy Tiffany and the announcement was another move to seek for a reduction in price.
09 Sep 2020
LVMH wants Tiffany, but at a cheaper price
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
LVMH wants Tiffany, but at a cheaper price
LVMH Moet Hennessy Louis Vuitton SE (MC:WBO) | 0 0 0.9% | Mkt Cap: 125,021m
- Published:
09 Sep 2020 -
Author:
Jie Zhang -
Pages:
3
LVMH has unexpectedly announced that it is no longer able to carry out the acquisition of Tiffany due to the intervention of the French government. We believe that LVMH is still willing to buy Tiffany and the announcement was another move to seek for a reduction in price.