WATCH | LVMH to counter sue Tiffany & Co over troubled deal | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 80%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Luxury goods group LVMH said it would counter-sue Tiffany, accusing it of mismanagement through the coronavirus crisis after the US jeweler accused the French group of trying to bow out of a $16 billion acquisition deal. | Fin24

It depends on how the funds are used.It depends on how the funds are used.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LVMH retaliates against Tiffany in troubled dealLVMH says Tiffany is stalling and using the French government as a fig leaf to back out of the deal
Source: BDliveSA - 🏆 12. / 63 Read more »

Tiffany sues as LVMH tries to call off its $16bn purchaseThe luxury industry’s biggest takeover has collapsed with the US jeweller saying LVMH is trying to use police brutality protests and Covid-19 to get a lower price
Source: BDliveSA - 🏆 12. / 63 Read more »

LVMH retaliates against Tiffany in troubled dealLVMH says Tiffany is stalling and using the French government as a fig leaf to back out of the deal
Source: BDliveSA - 🏆 12. / 63 Read more »

Tiffany sues as LVMH tries to call off its $16bn purchaseThe luxury industry’s biggest takeover has collapsed with the US jeweller saying LVMH is trying to use police brutality protests and Covid-19 to get a lower price
Source: BDliveSA - 🏆 12. / 63 Read more »

After negotiations with tenants, Growthpoint's next tussle is dividend payout | Fin24Growthpoint has historically paid out 100% of its earnings as dividends. Now that many tenants are struggling to pay their rent, the company has to preserve cash. | Fin24
Source: News24 - 🏆 4. / 80 Read more »

South Africa's trade surplus halves in the second quarter, Reserve Bank says | Fin24The South African Reserve Bank said the trade surplus more than halved from R201.7 billion in the first quarter of 2020 to R91.5 billion in the second quarter. | Fin24
Source: News24 - 🏆 4. / 80 Read more »