Burberry: is there any substance to the ongoing takeover bid rumours?

"If anyone is thinking of putting in a bid for Burberry, they will need to act soon"

Moncler is mooted as potential bidder, but there appear to be few synergies between the two firms.

https://www.thearmchairtrader.com/uk-shares/burberry-takeover-bid-rumours-brby/

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