--French luxury-goods group Kering (KER.FR) has been in exploratory talks with Italy's Moncler SpA (MOV.MI) over a possible combination, Bloomberg reports, citing people with knowledge of the matter.

--There is no certainty that a deal will take place, according to Bloomberg.

--Shares in Moncler rise 11%, while Kering is up 1.1%.

 

Full story: https://bloom.bg/2DOmvlO

 

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(END) Dow Jones Newswires

December 05, 2019 03:50 ET (08:50 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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