LVMH, Tiffany wrangle over court dates after acquisition turns sour | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

PARIS, Sept 17 — LVMH tried yesterday to block an attempt by Tiffany to fast-track legal proceedings in the United States to force the French luxury group to honour an acquisition deal agreed last year. LVMH's US$16 billion (RM66.04 billion) purchase of Tiffany hit the rocks last week after the...

Friday, 18 Sep 2020 08:50 AM MYTPARIS, Sept 17 — LVMH tried yesterday to block an attempt by Tiffany to fast-track legal proceedings in the United States to force the French luxury group to honour an acquisition deal agreed last year.

The hearing on Tiffany's fast-track request is set for September 21. Should the court decide against it, Tiffany's chances of obtaining a ruling in less than two months would dim significantly. It accused Tiffany of trying to rush a decision to avoid scrutiny of its management of the Covid-19 pandemic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines