How LVMH’s whirlwind courtship sealed $16 billion Tiffany deal

By Pamela Barbaglia, Gwénaëlle Barzic and Sarah White LONDON/PARIS (Reuters) - Tiffany was codenamed "Tea" and LVMH was "Latte" in the whirlwind talks that led to the U.S. jeweller being taken over by the French luxury group for more than $16 billion (£12.47 billion), in a homage to famed film "Breakfast at Tiffany's". The monikers were an attempt to ensure secrecy about a deal that LVMH wanted to seal swiftly before its competitors could intervene, according to two sources involved in the talks.

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