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Tiffany files US lawsuit to 'enforce' merger with LVMH

( September 9, 2020, 11:11 GMT | Official Statement) -- MLex Summary: Jeweler Tiffany has filed a lawsuit at a US court to force through its merger with LVMH. In a statement, Tiffany accused LVMH of breaching obligations in their merger agreement relating to the receipt of antitrust approvals, saying the company hasn't filed the deal in the EU and Taiwan as part of "concerted efforts" to hold up the deal. It has also refuted allegations that Tiffany has experienced a "Material Adverse Effect" that would allow LVMH to walk away from the deal. Earlier today, the luxury giant said it would not complete its proposed acquisition of Tiffany.Statement follows....

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