The news has been confirmed. Louis Vuitton, the world's largest luxury goods group, sent a letter saying that it would terminate the acquisition of American jewelry brand Tiffany for $654.38+062 billion. Because Tiffany and the French government keep delaying the transaction time, there is no way to complete the transaction. The reason is that France is threatened by American trade tariffs. At present, the Group has received a letter from the French Ministry of Foreign Affairs, requesting to postpone the transaction until after 65438+1October 6. In fact, Tiffany made it clear that the transaction will be postponed to 65438+February 3 1 this year. The transaction date of both parties has been changed many times. Louis Vuitton said that due to the current complicated situation, the group has no way to implement the plan to acquire Tiffany. Sometimes, if you want to buy each other, especially multinational companies, there are many things to consider, such as whether there is enough capital and the attitude of the host government.

. However, Tiffany obviously does not recognize this statement, and has indicated that it will file a lawsuit in Delaware, requesting the execution of the transaction agreement. Think about the French government Why? Obviously not recognized. And they believe that LVMH deliberately delayed the approval of the anti-monopoly department, and the degree of correlation was not completed, which made it difficult to complete the transaction. ? Of course, this news does not rule out that Louis Vuitton intends to terminate this contract, and many enterprises are greatly affected by the epidemic. However, there seems to be no way to stop the two companies that have signed the agreement before? Quit . There is a good saying, in the business world, for bernard arnault, the boss of LVMH, the value of Tiffany is obviously reduced now. It reached $654.38+062 billion from the beginning. Is this price really high? Not worth it? . For Tiffany, in order to protect their own interests, it is unlikely to accept renegotiation. ?

This year, affected by the big environment, many enterprises are obviously having a hard time, and some enterprises have to lay off employees? Expansion? . For Louis Vuitton, it is obviously unrealistic to insist on the acquisition at this time, and naturally it is unlikely to agree.