Tiffany & Co. (TIF) News
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Latest TIF News From Around the Web
Below are the latest news stories about Tiffany & Co that investors may wish to consider to help them evaluate TIF as an investment opportunity.
Tiffany (TIF) is out with a response to what it calls misleading counterclaims finally filed yesterday by LVMH Moët Hennessy-Louis Vuitton SE (LVMHF). "LVMH’s specious arguments are yet another blatant attempt to evade its contractual obligation to pay the agreed-upon price for Tiffany. Tiffany has acted in full compliance with...
Louis Vuitton - LVMH (LVMHF) just countersued Tiffany (TIF) in Delaware. According to Reuters, LVMH is arguing it can walk away from the deal because of financial mismanagement in the pandemic. I'll summarize the LVMH claims as I understand them: Financial mismanagement by Tiffany during the pandemic There's no carve-out...
The Louis Vuitton-owner claims jeweller Tiffany is no longer the business it agreed to buy last November.
Three investors in Tiffany & Co sued LVMH and two of its executives in Manhattan federal court Tuesday, saying the French luxury good giant's "illegal renunciation" of its $16 billion deal to buy the U.S. jeweler caused the value of their stock to drop by at least $10 million…
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton has filed a countersuit against Tiffany over their ruined merger deal, noting conditions necessary to close the $14.5 billion acquisition of the jewelry chain have not been met
Luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE has filed a countersuit against Tiffany over their ruined merger deal, noting conditions necessary to close the US$14.5 billion acquisition of the jewelry chain have not been met.
Louis Vuitton owner LVMH is escalating its efforts to wiggle out of a $16 billion takeover of Tiffany & Co. with a new lawsuit blasting the jeweler’s business prospects as “dismal” thanks to the coronavirus pandemic. The luxury conglomerate led by French billionaire Bernard Arnault filed a new lawsuit Monday claiming that it’s entitled to…
Tiffany & Co said on Tuesday LVMH's countersuit to drop its US$16 billion bid for the U.S. jeweler was just an attempt to evade paying the full purchase price.
LVMH, whose brands include Dior, advertised by Charlize Theron (pictured), said Tiffany was 'ill-suited for the challenges ahead - its performance has been catastrophic and its prospects remain dismal'.
Tiffany & Co said on Tuesday LVMH's countersuit to drop its $16 billion acquisition of the U.S. jeweler was an attempt to avoid paying the full purchase price.