Tiffany & Co sued LVMH on Wednesday after the French luxury goods giant told the U.S. jeweler it could not complete a $16 billion deal to acquire it because of a French government request and the impact of the coronavirus outbreak.

Tiffany sues LVMH for reneging on $16 billion deal as France steps in

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Tiffany sues LVMH for reneging on $16 billion deal as France steps in