Wednesday, February 13, 2013

Reuters: Global Markets: Loewe shares rise on talk Apple bid talk

Reuters: Global Markets
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Loewe shares rise on talk Apple bid talk
Feb 13th 2013, 11:52

FRANKFURT | Wed Feb 13, 2013 6:52am EST

FRANKFURT (Reuters) - Shares in Loewe (LOEG.DE) rose 12 percent on Wednesday as traders pointed to market rumors that Apple (AAPL.O) plans to bid 4 euros ($5.4) a share for the company.

Shares in Loewe were up 12.2 percent at 6.40 a.m. ESTat 3.10 euros.

Loewe said that it was unaware of any bid by Apple.

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