Kering Says No To Moncler Acquisition

Kering announced that it has no plans to acquire Moncler.   This came after an announcement stated that the company was looking to do major acquisitions.   François-Henri Pinault, a French billionaire businessman, the chairman and CEO of Kering since 2005 answered No.  So alledgedly this is a no go.

 

Photo Courtesy:  Moncler

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