Italy's Moncler shares seen jumping after LVMH deal | Reuters
WEB3 days ago · Shares in Moncler, which had fallen 6.5% this year, jumped as much as 15% in early trade after it was announced late on Thursday that LVMH had purchased a 10% stake in Double R, the investment ...
LVMH deal spurs rally in Moncler, speculation about luxury sector …
WEB3 days ago · Analysts said the news would likely revive speculation of a potential takeover of Moncler in the long term, but focused on the near-term advantages of the deal for LVMH, which reinforced its ...
Moncler CEO strengthens grip on company with LVMH deal
WEB3 days ago · MILAN/PARIS, Sept 26 (Reuters) - Moncler's , opens new tab Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH , opens new tab ...
LVMH backs Moncler CEO to increase stake in the company, FT says
WEB1 day ago · LVMH has bought a 10% stake in Double R, the entity through which Moncler CEO Remo Ruffini owns 15.8% of the business. Under the agreement, using LVMH funds, Double R will increase its stake in ...
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
WEB2 days ago · Sep 27, 2024 1:30am. By Andrea Figueras and Pierre Bertrand. French luxury heavyweight LVMH is investing in Moncler in a transaction that gives LVMH a seat on the board of the Italian fashion ...
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB3 days ago · Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder. LVMH purchased a 10 percent stake in Double R, the investment ...
Moncler CEO strengthens grip on company with LVMH deal
WEB3 days ago · MC.PA. By Elisa Anzolin and Mimosa Spencer. MILAN/PARIS (Reuters) -Moncler's Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH ...
LVMH Expands Industry Influence With Investment in Moncler
WEB2 days ago · Photo: alessandro garofalo/Reuters. French luxury heavyweight LVMH MC 2.90% is investing in Moncler MONC 9.57% in a transaction that gives LVMH a seat on the board of the Italian fashion company ...
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini
WEBLVMH Moët Hennessy Louis Vuitton SE is buying a 10% stake in Double R, the investment vehicle controlled by Moncler Chairman and Chief Executive Officer Remo Ruffini, which itself owns a 15.8% stake in Moncler, the companies said in a statement Thursday. Financial terms of the deal weren’t disclosed. Moncler has become a popular brand ...
Moncler CEO Strengthens Grip on Company With LVMH Deal
WEB4 days ago · Reuters. 26 September 2024. Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment company that is Moncler’s biggest shareholder. The deal also strengthens French group LVMH’s dominance of the global luxury sector.
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