Puma jumped more than 11 percent on Monday with three traders citing talk of a bid for French group Kering’s 86-percent stake in Puma.
VF Corp. was seen as a potential bidder. Kering, Puma and VF all declined comment on the report in Reuters.
Coverage from just-style.com is here: http://www.just-style.com/news/vf-corp-seen-as-most-suitable-buyer-for-puma_id123454.aspx
