Tiffany's

US' Orlando Police Department said after recovering diamond earrings from the Florida man, it took them back to Tiffany & Co where they were cleaned

There have been brand collaborations in the past that have been really well done

PARIS (Reuters) - France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany & Co after the two companies agreed to end a bitter dispute triggered by the COVID-19 pandemic and salvage the luxury sector's biggest-ever deal.

NEW YORK (Reuters) - U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, in a move that could end a legal dispute between the two, two sources familiar with the matter said on Wednesday.

The two parties could be looking to slightly lower the price of the deal or potentially move to a tender offer, the report said

(Reuters) - Tiffany & Co has received all regulatory approvals needed for the completion of its $16 billion (12.29 billion pounds) acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday after it received a nod from the European Commission.

The purchase is a precursor to Arnault's group playing a greater role in those activities, people familiar with discussions at the two companies said.

The French company also said that Tiffany breached its agreement to operate as usual by paying out the highest possible dividend.

(Reuters) - France's LVMH faces an uphill battle in walking away from its $16 billion deal to buy U.S. jeweler Tiffany & Co, with legal experts noting most mergers which end up in court are renegotiated rather than dissolved.

The deal would have been the biggest-ever in the global luxury industry, allowing Tiffany to quickly expand its global presence and invest more money in spruced-up stores

It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and US jeweler Tiffany & Co. are blaming each other for the collapse of what would have been the sector's biggest-ever buyout deal. Paris-based LVMH had announced Wednesday it was abandoning the USD 14.5 billion takeover plan because the French government had requested a delay to assess the impact of proposed U.S. tariffs. Tiffany sued to enforce the deal, and on Thursday LVMH lashed back. The Paris-based conglomerate whose holdings including Christian Dior, Louis Vuitton, Moet & Chandon, Bulgari and Sephora issued a statement threatening legal action of its own, accusing Tiffany of mismanaging the financial crisis prompted by virus lockdowns. LVMH criticised Tiffany for issuing dividends even as it was losing money, and Tiffany's performance in the first half of this year was significantly worse than that of other LVMH brands during the period. "LVMH confirms that the conditions are not met" to ..

The French group, led by billionaire Bernard Arnault, said its board had received a letter from the French foreign ministry asking it to delay the acquisition to beyond Jan. 6, 2021

Luxury goods giant LVMH is ending its takeover deal of luxury jewellery retailer Tiffany & Co., citing in part the threat of proposed U.S. tariffs on French goods. The Paris-based conglomerate said that it needs more time to assess the impact of the possible U.S. tariffs on French goods and cannot close the deal before year-end. The USD 14.5 billion deal was scheduled to close November 24. Tiffany replied that it's suing to enforce the merger agreement, which was signed in November 2019. The New York company said LVMH's argument has no basis in French law. Tiffany also said that LVMH hasn't even attempted to seek antitrust approval from three jurisdictions.

CEO Arnault has been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed price of $135 per share in cash

LVMH's board is concerned about the Covid-19 pandemic and protests linked to the death of George Floyd at the hands of Minneapolis police

The two got new owners at an identical deal size. But the similarity ends there...

How LVMH managed to seal $16 billion Tiffany deal

The $135 per share cash deal will strengthen LVMH's position in jewellery and further increase its presence in the United States

LVMH and US jewellers Tiffany announced Monday a $16.2 billion tie-up that is the French luxury group's biggest-ever acquisition and will bolster its presence in the United States. The deal comes after LVMH spent more than a month wooing Tiffany, the most iconic of US luxury brands known for its wedding rings and diamonds. The companies said in a statement they "have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately 14.7 billion euros or $16.2 billion." The deal adds Tiffany to LVMH's extensive stable of luxury brands that include Louis Vuitton, Dior and Moet & Chandon and will strengthen its position in the jewellery sector. "We are delighted to have the opportunity to welcome Tiffany, a company with an unparallelled heritage and unique position in the global jewelry world, to the LVMH family," said the group's chief executive, Bernard Arnault. Such a deal has been seen as way .

(Reuters) - French luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday.