Burberry shares jump on report that Moncler is considering a bid

Man walks past a Burberry store in Beijing · Reuters

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(Reuters) - Burberry shares rose 7.5% on Monday after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British luxury retailer.

(Reporting by Yamini Kalia in Bengaluru; Editing by Abinaya Vijayaraghavan)