Acquisition speculation grips European luxury: Meta said to eye 5% stake in Ray-Ban maker, Moncler linked to Burberry takeover

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The two deals, rumored to be in the works, could mark key milestones for the European luxury giants: EssilorLuxottica, Moncler and Burberry.

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Article Details

Author / Journalist: Prarthana Prakash

Category: EconomyBusiness

Markets: United StatesFrance

Topics: Luxury Editor's Picks Fortune 500 Europe Finance Europe Meta Big Tech Burberry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 06:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 27 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23424437

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 21 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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