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(FILES) In this file photo the logo of luxury jewelry and specialty retailer Tiffany & Co is seen on 5th Avenue in Manhattan on October 27, 2019  in New York City. - Shares of Tiffany were under pressure for a second straight session Wednesday following a report that its deal to be acquired by LVMH may be coming apart. Tiffany's stock was down 0.6 percent in mid-morning trading at $116.32 after shares dropped nine percent on June 3, 2020. Fashion publication Women's Wear Daily reported that the French luxury giant was reevaluating the $16.2 billion Tiffany acquisition previously seen as worthy investment to bolster the company's US presence. (Photo by Johannes EISELE / AFP)

LVMH pulls out of Tiffany takeover

A legal battle looms after LVMH called off its $US16bn takeover of US jeweller Tiffany, blaming US tariff threats on French goods.

Original URL: https://www.theaustralian.com.au/topics/amp-limited/page/8