International Companies
Kering shares surge on hopes Renault boss will join as CEO
By Benjamin Chiou
Date: Monday 16 Jun 2025
(Sharecast News) - Shares in Kering surged on Monday on the back of speculation that Renault boss Luca de Meo is set to join the French luxury giant as its new chief executive.
Kering's share price was up 10% at €189.90 by 1123 in Paris, while Renault tanked 6% to €40.47.
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