The FINANCIAL — Tiffany & Company on Wednesday stated that it had filed a lawsuit against LVMH Moët Hennessy Louis Vuitton to force the company to move forward with its $16.2 billion deal to buy the retailer. In the most high-profile example of how deals agreed before the COVID-19 pandemic have soured, Tiffany will file a lawsuit with the Delaware Court of Chancery on Wednesday seeking to force LVMH to close the transaction by the November 24 deadline, according to people close to the matter. There has been concern for months that LVMH would seek to renegotiate the deal, which was…
Read More »The FINANCIAL — Tiffany & Company on Wednesday stated that it had filed a lawsuit against LVMH Moët Hennessy Louis Vuitton to force the company to move forward with its $16.2 billion deal to buy the retailer. In the most high-profile example of how deals agreed before the COVID-19 pandemic have soured, Tiffany will file a…
You might be interested in
The FINANCIAL — Over the weekend of the 6th through 7th of August 2022, US senators voted through the night…
High performing managers set harsher targets for their employees, according to new research by Vienna University of Economics and Business.…
The international theater festival named after Nodar Dumbadze was festively completed in Guria. The festival hosted guests in the Ozurgeti…