LVMH Moet Hennessy Louis Vuitton SE said Thursday that it isn't considering buying shares in Tiffany & Co. on the open market. The French company said its board met on Tuesday to discuss the impact of the coronavirus pandemic on Tiffany and the agreement between the companies. Shares in the U.S. company fell sharply on Tuesday after media reports that the roughly $16 billion takeover offer made by the French luxury company now looked uncertain.
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