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Cartier’s New Excessive Jewellery Appears To The Previous To Create Its Future

By Novus on 30/01/2023

During a unprecedented meeting performed digitally on 30 December 2020, more than 99 per cent of Tiffany & Co. shareholders approve LVMH’s new offer of $US131.50 and the terms of the revised merger settlement. Quoting sources close to the negotiation, US enterprise publication CNBC reviews that the two events are in “fluid” talks to revise the phrases of the merger, decreasing the general value of the deal from $US135 per share to $130–133 per share. The acquisition of Tiffany & Co. will more than double LVMH’s income in the watches and jewellery class. US monetary publication Bloomberg reviews that LVMH has submitted a revised provide of $US15.7 billion, though representatives for LVMH and Tiffany & Co. decline to remark. Media reviews, quoting sources close to the negotiation, point out that the Tiffany & Co. board has rejected the $US14.5 billion provide as too low, yet is ‘receptive’ to a better …

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