French Foreign Minister Says LVMH Query Led to Letter on Tiffany Deal

France’s foreign minister said he was responding to a query from LVMH when he wrote a letter to the luxury conglomerate asking it to delay its acquisition of Tiffany

PARIS—French Foreign Minister Jean-Yves Le Drian said he was responding to a query from LVMH Moët Hennessy Louis Vuitton SE when he wrote a letter to the luxury conglomerate asking it to delay its acquisition of Tiffany & Co.

LVMH has blamed its decision to back out of its $16 billion takeover of Tiffany on Mr. Le Drian’s letter, saying it was an unsolicited and legally binding government order that blocks the conglomerate from fulfilling the merger agreement.

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