TIF | LVMH agrees to reduced Tiffany deal

LVMH has agreed to go through with its acquisition of Tiffany & Co following a lengthy legal battle, albeit for a reduced fee.In an update announced yesterday (29 October) LVHM said it had concluded an agreement with Tiffany “modifying” certain terms of their initial agreement to reflect a new purchase price of $131.50 (£101.71) […]Jewellery […]