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  • 09.23.16

Weirdly, Moleskine just got acquired by a Belgian car importer

Analysts are scratching their heads about why Belgian car company D’Ieteren NV is buying a 41% stake in Moleskine and making a bid for the remainder of the company. According to Bloomberg, D’Ieteren began as a wheel-making plant in 1805. After this news, Moleskine shares went up by 13%, while D’Ieteren plummeted by as much as 7.3%.

[Image via Wikimedia Commons]ES