UK's Burberry falls as Moncler takeover prospects wane
** Shares of Burberry Group Plc BRBY.L fall as much as 6% to 800p, with traders seeing low chances of Moncler MONC.MI tabling a takeover bid for the British luxury retailer
** BRBY had finished Monday's session with a 4.8% gain after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British firm
** Currently stock at session low, pushing YTD losses to ~43%
Reporting by Danilo Masoni and Aby Jose Koilparambil
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