(Reuters) – Tiffany & Co <TIF.N> has received regulatory approval from the Japan Fair Trade Commission and the Mexican competition authority for its contentious $16 billion acquisition by luxury goods group LVMH <LVMH.PA>, the U.S. jeweler disclosed in a filing on Friday.
Earlier this week, Tiffany sued LVMH, after the French luxury goods giant told the U.S. jeweler it could not complete a $16 billion deal to acquire it because of a French government request and due to the impact of the coronavirus outbreak.
(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta)
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