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Moncler surges on LVMH deal

By Michele Maatouk

Date: Friday 27 Sep 2024

(Sharecast News) - Moncler surged on Friday after LVMH bought a 10% stake in Double R, the investment vehicle controlled by the holding company owned by Moncler chief executive and chairman Remo Ruffini.
Under the terms of the transaction, Double R will lift its stake in Moncler to up to 18.5%...

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