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Fashion Jobs
SHISEIDO
Singapore - Marketing Manager, Fragrance
Permanent · Singapore
ESTÉE LAUDER
Marketing Executive, Estee Lauder, Travel Retail Apac
Permanent · Singapore
SHISEIDO
Marketing Executive, Laura Mercier
Permanent · Singapore
SHISEIDO
Singapore - Training Manager, Shiseido
Permanent · Singapore
SHISEIDO
Travel Retail - Brand Manager, Anessa & Elixir
Permanent · Singapore
SHISEIDO
Singapore - Marketing Manager, Shiseido
Permanent · Singapore
ESTÉE LAUDER
Marketing Manager, Origins, Aveda, Lab Series, Adf, Travel Retail Apac
Permanent · Singapore
LEVI'S
B2B Ecommerce Coordinator
Permanent · Singapore
LEVI'S
HR Operations Specialist
Permanent · Singapore
ESTÉE LAUDER
Manager, Integrated Marketing, Travel Retail Apac
Permanent · Singapore
LEVI'S
Digital Selling Operations Manager
Permanent · Singapore
ESTÉE LAUDER
Marketing Executive, la Mer, Travel Retail Apac
Permanent · Singapore
ESTÉE LAUDER
Assistant Marketing Manager, Mac, Travel Retail Apac
Permanent · Singapore
SHISEIDO
Travel Retail - Brand Manager, Prestige (Ipsa/The Ginza/Baum)
Permanent · Singapore
SHISEIDO
Singapore - Marketing Manager, Nars
Permanent · Singapore
SHISEIDO
Singapore - General Manager, Prestige Division
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Marketing Manager, Shiseido
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Marketing Manager, Laura Mercier
Permanent · Singapore
SHISEIDO
Travel Retail - Finance Analyst
Permanent · Singapore
LEVI'S
Regional Total Rewards Manager
Permanent · Singapore
LEVI'S
Manager, Trade Compliance - Regional
Permanent · Singapore
L'OREAL GROUP
Regional E-Commerce Business Data Analyst
Permanent · Singapore
By
Reuters API
Published
Apr 8, 2020
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Tiffany says Australian regulators seek more time to review LVMH deal

By
Reuters API
Published
Apr 8, 2020

Tiffany & Co said on Wednesday Australian regulators have sought more time to review LVMH's multi-billion dollar purchase of the U.S. jeweler due to the coronavirus outbreak, potentially delaying closure of the deal.


Instagram @tiffanyandco



The France-based owner of luxury brands such as Louis Vuitton offered to buy Tiffany for $16.2 billion last November, and the deal is expected to close mid-2020.

Tiffany said it still aimed to close the deal by that time, subject to the review by the Australian Foreign Investment Review Board (FIRB).

The FIRB is experiencing delays in processing transactions and requested extending the statutory review deadline of April 8 to until Oct. 6, which LVMH has accepted, according to a regulatory filing.

The deal was cleared by the U.S. Securities and Exchange Commission on March 26, while a draft filing has been submitted in Europe and pre-filing discussions are going on with the European Commission, Tiffany said.

Tiffany's shareholders approved the deal in February.

Both LVMH and Tiffany have temporarily closed several outlets across the globe, including Tiffany's iconic flagship Fifth Avenue store in New York, to curb the spread of the virus.

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