LVMH aims to restore Tiffany's sparkle with $16.2 billion takeover

PARIS (Reuters) - Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion (£12.63 billion) in its biggest acquisition yet as the French luxury goods maker bets it can restore the iconic U.S. jeweller's lustre.The $135-per share cash deal will boost LVMH's smallest business, the jewellery and watch division that is already home to Bulgari and Tag Heuer, and help it expand in one of the fastest-growing sections of the industry. Fashion and accessories brands including Christian..