Burberry shares rise on report Moncler could bid for it

Dow Jones11-04

MW Burberry shares rise on report Moncler could bid for it

Burberry (UK:BRBY) shares rose 3% after the publication Miss Tweed said there's growing speculation that Moncler could bid for it. Moncler stock (IT:MONC) fell 1% in Milan. The report said that Bernard Arnault, who recently invested in Moncler, is "keen" for a deal to happen.

-Steve Goldstein

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(END) Dow Jones Newswires

November 04, 2024 03:37 ET (08:37 GMT)

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