LVMH and Tiffany 'are in talks' to settle $16 billion takeover 'for a lower price' after the luxury house tried to back out, accusing the jeweler of 'dismal performance' during the pandemic | WHAT REALLY HAPPENED

LVMH and Tiffany 'are in talks' to settle $16 billion takeover 'for a lower price' after the luxury house tried to back out, accusing the jeweler of 'dismal performance' during the pandemic

U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in talks to settle their dispute over a $16 billion takeover at a price slightly lower than initially agreed, sources familiar with the matter said on Tuesday.

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