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10 things you need to know before the opening bell

1 month ago   |   By

LightRocket/ getty images
Here is what you need to know.
1. Gucci's owner reportedly held talks to buy Moncler in a potential $12 billion deal. The Italian ski wear maker's stock soared more than 10% on the Bloomberg report. See the rest of the story at Business Insider NOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruption See Also: This map shows how the US really has 11 separate 'nations' with entirely different cultures Today is Jay-Z's 50th birthday. Here's a look at how hip-hop's...
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Gucci's owner has reportedly held talks to buy Moncler in a potential $12 billion deal

Gucci's owner has reportedly held talks to buy Moncler in a potential $12 billion deal

1 month ago   |   By

Christian Vierig/ getty images
The luxury giant behind Gucci and Balenciaga held talks to buy Moncler in a potential 10.9 billion euro deal, according to Bloomberg .
Senior executives at Kering and the Italian ski wear maker held "preliminary discussions about a combination," but there's no certainty a merger will happen, Bloomberg reported.
Moncler's chairman and CEO, Remo Ruffini, will be a key factor in whether a deal is struck.
View Business Insider's homepage for more stories.
The luxury giant behind Gucci and Balenciaga held talks to buy Moncler in a potential 10.9 billion euro deal...
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