LVMH abandons $16 billion Tiffany takeover, sparking legal battleFrench luxury goods giant LVMH abandoned its $16 billion takeover of Tiffany, a deal that has lost its gloss in the wake of the COVID-19 pandemic, setting the stage for a bitter battle as the U.S. jeweler sued to force it through. The French group, led by billionaire Bernard Arnault, said its board had received […] 
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