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Setback at Tiffany’s

28 October 2019 By Lisa Jucca

Buying the $12 bln purveyor of blue-boxed trinkets would bulk up the French giant’s jewelry business and its U.S. presence. Though pricey, a deal would not stretch Bernard Arnault’s cash-gushing group. It also throws down a diamond-studded gauntlet to rivals Richemont and Kering.

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