Tiffany Tumbles After Report of Uncertainty on LVMH Deal

The transcript discusses the ongoing deal between LVMH and Tiffany, focusing on the terms, cash burn analysis, and the progress of approvals in the US, Canada, and Australia. It highlights the merger agreement's impact on the market and compares it with other deals like Sycamore L Brands. LVMH's strategic vision to become a leader in the jewelry segment is emphasized, along with the current status and future outlook of the deal, considering store closures and expected recovery.

What factors contribute to the belief that the deal will go ahead?

What distinguishes this deal from others that did not go through?