The group’s failure to obtain needed international regulatory clearances was famous in Tiffany & Co.’s legal filing. Quoting an unnamed source close to the negotiation, Reuters reports that Tiffany & Co. has exercised an choice to delay the ultimate deadline to 24 November, which is the utmost time permitted under the phrases of the deal. Notably, the impression of COVID-19 and the social unrest in the US aren’t mentioned. In a filing to the US Securities and Exchange Commission , Tiffany & Co. offered updates on the regulatory approval standing of the acquisition in a number of international markets. An software was submitted to Australia’s Foreign Investment Review Board on 5 March and was initially expected to be accredited by 6 April; however, FIRB had prolonged the unique deadline for approval by six months. Yet the COVID-19 crisis proved to be a thorn within the facet of each firms, and …