Kering: in talks with Moncler?
(CercleFinance.com) - According to Bloomberg, it appears that Kering is talks with Moncler regarding a possible acquisition of the Italian ski-wear manufacturer.
However, there is no certainty that the negotiations will actually result in a deal, Bloomberg says.
Moncler's share price has risen by 34% this year, giving the group a market value of around 10 billion euros (11 billion dollars), the news agency says.
Bloomberg adds that Kering has made no comments about this.
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However, there is no certainty that the negotiations will actually result in a deal, Bloomberg says.
Moncler's share price has risen by 34% this year, giving the group a market value of around 10 billion euros (11 billion dollars), the news agency says.
Bloomberg adds that Kering has made no comments about this.
Copyright (c) 2019 CercleFinance.com. All rights reserved.