Tiffany says Australian regulators seek more time to review LVMH deal

(Reuters) - 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. 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..