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Tiffany (LVMH) Tiffany (Tiffany), the new agreement terms are about to reach an agreement



Tiffany & Co. is about to reach an agreement to accept a lower purchase price from LVMH Hennessy (Louis Vuitton) SE, which will end the fierce dispute between luxury goods companies.

People familiar with the matter said that the two companies have reached a preliminary agreement on the terms of the new transaction, which will require LVMH to acquire the American iconic jewelry manufacturer for $131.50. This is lower than the previous agreement of $135 per share.

Tiffany’s


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