The shareholders of Tiffany gathered in general meeting accepted the revised purchase proposal formulated by LVMH (131.50 dollars per share against the 135 originally planned). Thus ends the conflict between LVMH and Tiffany that began when the group led by Bernard Arnault announced in September that it did not want to continue the acquisition project, blaming the American company for management errors and insufficient commercial performance. The acquisition of Tiffany, which should allow the French luxury giant to strengthen its position in jewelry, should be finalized in early 2021.