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%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 1. in İD

Indonesia Berita Terbaru, Indonesia Berita utama