Louis Vuitton buys jeweller Tiffany for $16bn
Image copyright Getty Images Image caption Tiffany is known for its signature robin’s-egg blue packaging
The world’s biggest luxury goods company is buying US-based jeweller Tiffany & Co for more than $16bn (£12.5bn).
The deal gives LVMH’s billionaire owner Bernard Arnault a bigger slice of one of the fastest growing luxury sectors.
He said Tiffany had an “unparalleled heritage” and fitted…