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However, LVMH, the most important party, is still blocking the deal. The French have been cold after the outbreak of the crown pandemic and want to cancel the takeover.
Meanwhile, Tiffany insists on keeping the deal. The corporations are suing themselves and the conflict will go to court next year. With $ 16.2 billion originally agreed (€ 13.71 billion), it would be the most expensive acquisition in LVMH’s history.
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