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Munawar Faruqi show | BJP MLA Raja threatens arson, in preventive custody

Munawar Faruqi show | BJP MLA Raja threatens arson, in preventive custody

Salman Khan shares behind-the-scene picture from 'Kabhi Eid Kabhi Diwali' shoot in Leh

Salman Khan shares behind-the-scene picture from 'Kabhi Eid Kabhi Diwali' shoot in Leh

Amid rise, this country is testing humans, live seafood for Covid-19 virus

Amid rise, this country is testing humans, live seafood for Covid-19 virus

Vivek Agnihotri on Anurag Kashyap’s Oscar comment: 'Why is he so scared of 'The Kashmir Files?’

Vivek Agnihotri on Anurag Kashyap’s Oscar comment: 'Why is he so scared of 'The Kashmir Files?’

Misogyny, harassment, depression! Indian Women’s Fours team’s arduous journey to CWG gold

Misogyny, harassment, depression! Indian Women’s Fours team’s arduous journey to CWG gold

Louis Vuitton-parent LVMH countersues Tiffany over failed merger

French luxury giant Moët Hennessy Louis Vuitton (LVMH) sued jewellery house Tiffany and Co on Tuesday in a Delaware court over their failed merger deal, reports Wall Street Journal.

LVMH said the American jeweller's business has been severely damaged by the pandemic making their prior takeover agreement invalid.

The lawsuit from the Louis Vuitton-parent counters a lawsuit by Tiffany that said LVMH was backing out of its $16 billion acquisition of the jeweller.

LVMH's lawsuit says Tiffany’s dependence on the US retail market makes its prospects grim and that jeweller is a 'mismanaged business ill-suited for the challenges ahead.'

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Louis Vuitton-parent LVMH countersues Tiffany over failed merger

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