LVMH has explored coronavirus impact on Tiffany deal terms
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PARIS (Reuters) - LVMH 's board met this week to discuss the fallout from the coronavirus crisis on its $16.2 billion purchase of U.S. jeweller Tiffany , the luxury goods group said on Thursday, opening the door to a possible attempt to review the deal terms. LVMH, run by France's richest man, Bernard Arnault, agreed to buy Tiffany in November, before the retail business was hammered by the pandemic.Arnault is now exploring ways to reopen negotiations and potentially pressure Tiffany to lower..