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LVMH wants to renegotiate $16.2 billion Tiffany deal

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LVMH Chief Executive Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant’s $16.2 billion acquisition of jewelry chain Tiffany & Co, as US social unrest and the coronavirus pandemic weigh on the retail sector, people familiar with the matter said on Wednesday. LVMH agreed to…

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Click here to read the full story: New York Post

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