US jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: ReutersUS jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: Reuters
US jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: Reuters
Daniel Langer
Opinion

Opinion

Daniel Langer

Is LVMH’s Tiffany & Co. purchase still going ahead? Luxury group behind Louis Vuitton, Dior and Fendi broke off the engagement – but was it all a negotiating tactic for a better price?

The Paris-based luxury conglomerate appeared to get cold feet, accusing the long-troubled, iconic New York jewellery brand of mismanagement during the pandemic – they replied by suing to force the merger through – but was it all part of CEO Bernard Arnault’s plan to score a luxury brand at a discount price all along?

US jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: ReutersUS jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: Reuters
US jeweller Tiffany & Co.’s talks about a buyout from luxury conglomerate LMVH have turned acrimonious. Photo: Reuters
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