LVMH cuts £425m off Tiffany & Co deal, ending long-winded dispute

// LVMH has agreed to buy Tiffany & Co at a slightly reduced price
// LVMH had previously said it would exit the deal, Tiffany & Co’s “dismal” performance during the pandemic
// Judge Joseph Slights, who is presiding over the case in Delaware, rejected LVMH’s argumentsLVMH has agreed to acquire Tiffany & Co at a slightly reduced price of almost $16 billion (£12.3 billion), ending a legal dispute.
The Louis Vuitton owner will pay $131.50 a share, down fro