LVMH warns it is set to drop planned Tiffany takeover By Reuters

© Reuters. FILE PHOTO: Tiffany & Co. jewelry is displayed in a store in Paris

PARIS (Reuters) – French luxury goods giant LVMH (PA:) warned on Wednesday it was set to walk away from its planned takeover of U.S. jeweler Tiffany (N:), due to complications arising over the deal.

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