Jewellery Outlook: Quickest Rising Digital Jewelry Magazine Uk
Quoting sources close to the negotiation, US enterprise publication CNBC reports that the 2 events are in “fluid” talks to revise the terms of the merger, lowering the overall value of the deal from $US135 per share to $130–133 per share. In a statement launched on its web site, LVMH management expresses “surprise” at Tiffany & Co.’s authorized submitting in the US, calling it “completely unfounded” and “communicated in a deceptive approach to shareholders and… defamatory”. In its quarterly report, Tiffany & Co. management confirms sales have fallen 45 per cent because of the impression of COVID-19, including an eighty …