How LVMH’s whirlwind courtship sealed $16 billion Tiffany deal

Tiffany was codenamed “Tea” and LVMH was “Latte” in the whirlwind talks that led to the U.S. jeweler being taken over by the French luxury group for more than $16 billion, in a homage to famed film “Breakfast at Tiffany’s”.

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Source:: Reuters – Business News