LVMH-Tiffany deal seen as uncertain: WWD

(Reuters) – French luxury goods group LVMH’s board called a meeting in Paris to discuss its $16.2-billion offer for Tiffany & Co amid a deteriorating situation in the U.S. market, fashion trade publication WWD reported https://wwd.com/business-news/mergers-acquisitions/lvmh-tiffany-deal-seen-as-uncertain-sources-1203645650 on Tuesday, citing sources.

Tiffany did not immediately respond to a request for comment and LVMH declined comment.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Anil D’Silva)