Edition:
India

French LVMH expects antitrust clearance for Tiffany deal before Nov. 24


Friday, 18 Sep 2020 

Sept 18 (Reuters) - :FRENCH LVMH SAYS LVMH SAYS THAT EARLIER TODAY, IMMEDIATELY AFTER RECEIVING APPROVAL TO PROCEED BY THE EUROPEAN COMMISSION, IT HAS SUBMITTED THE PROPOSED ACQUISITION OF TIFFANY FOR ANTITRUST REVIEW.FRENCH LVMH SAYS EIGHT OF TEN REQUISITE ANTITRUST CLEARANCES HAVE ALREADY BEEN OBTAINED AND SAYS IT EXPECTS TO RECEIVE APPROVAL FROM THE EUROPEAN COMMISSION AND TAIWAN WELL BEFORE NOVEMBER 24.