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FILE - In this May 22, 2017 file photo, a gift box from Tiffany &amp; Co. is arranged for a photo in Surfside, Fla. French luxury giant LVMH Moet Hennessy Louis Vuitton said Monday Nov. 25, 2019, it has reached a deal to buy U.S.-based jewelry legend Tiffany &amp; Co for $16.2 billion. (AP Photo/Wilfredo Lee, File)

Tiffany is latest jewel for French luxury group LVMH’s crown

By ANGELA CHARLTON and RACHEL LERMAN - Associated Press

FILE - In this May 22, 2017 file photo, a gift box from Tiffany &amp; Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany &amp; Co. (AP Photo/Wilfredo Lee, File)

France’s LVMH seeks to buy jeweler Tiffany for $14.5 bln

By SYLVIE CORBET and ANNE D'INNOCENZIO - Associated Press