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  • Bernardo knows Tiffany tantrum was not worth the fuss.

  • Overcome with buyer's remorse over his pre pandemic $16 billion takeover, the LVMH path trash Tiffany's management went to court and even appeared to enlist the French government to wriggle out of the purchase.

  • But in a sudden, you turn are no decided This week, it was happy to buy the New York brand.

  • After all, under the New Deal terms, LVMH will pay $131.5 per share to require Tiffany instead of 135.

  • The nearly 430 million price cat looks more, but the actual savings are arguably timing head.

  • The transaction closed in the summer.

  • Healthy image would have been able to stop dividend payments worth perhaps $140 million and it would have saved on legal fees.

  • LVMH willingness to settle for a tiny discount showed it never fell completely out of love.

  • With Tiffany, getting a lower price was probably a matter off principle.

  • Yet our nose heavy handed tactics will have broader consequences.

  • Potential future targets like brother or perhaps Moncler, will be wary.

Bernardo knows Tiffany tantrum was not worth the fuss.

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    林宜悉 posted on 2020/10/30
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