Francesco Tripani, director on Tiffany’s board, has resigned only four days after the company was acquired by LVMH. It was believed that Tripani was instrumental in brokering the $16.2billion (£12.5billion) deal, one of the largest jeweller acquisitions ever. Tripani had good relations with LVMH in the past. In 2011 LVMH chairman and chief executive officer […]

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LVMH has raised its bid for U.S. jewelry chain Tiffany & Co to almost $16 billion, according to reports by Reuters. Earlier this month, Tiffany turned down the French luxury group’s $120-per-share offer, arguing that the company is worth more. Reuters quoted sources that said Tiffany agreed to give LVMH access to its books. They […]

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