Tiffany and LVMH Get EC Request for More Information, CNBC Says

Sept. 1, 2020, 1:57 PM

Tiffany, LVMH late last week received requests from European Commission related to the agency’s antitrust review, CNBC’s David Faber said, citing people familiar.

  • EC requests may end up delaying filing a bit, but shouldn’t hold it up “too much”
  • Requests for information were “about cleaning things up” and it’s not expected to take very long to fulfill EC request
  • LVMH will file for EU notification in the near future, though it won’t be this week as Faber reported last week
  • NOTE: Aug. 31, LVMH Executive Is the Frontrunner for Tiffany CEO Job: Report

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