Reuters reported that French luxury conglomerate LVMH and Ruffini Partecipazioni Holding will not increase their stakes in Moncler to more than 20 percent in the next three years. This pact comes on the heels of the purchase by LVMH of a 10 percent stake in Double R, the investment vehicle controlled by Ruffini Partecipazioni Holding, which currently owns a stake in Moncler of about 15.8 percent.
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