LVMH Purchases br Tiffany & Co. br for $16.2 Billion.br Both companies confirmed br talks of a deal in October.br The French luxury group will pay br $135 per share for the famous br Manhattan jeweler.br Despite its global brand, br the 182-year-old jeweler hasbr been experiencing poor sales.br LVMH previously acquired br Rihanna’s Fenty and Fenty br Beauty lines as it gains br success among millennials.