Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Loewe AG    LOE   DE0006494107

LOEWE AG (LOE)

1
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancials 

Shares in TV maker Loewe jump on Apple bid talk

05/14/2012 | 03:21am US/Eastern
Recommend:
0

Shares in German luxury TV maker Loewe jumped 24 percent on Monday on market talk of a potential offer from Apple.

Web blog AppleInsider cited a person familiar with the matter as saying Apple was willing to pay 87,3 million euros ($113 million), or a 48 percent premium on Loewe's closing price on Friday of 4.5390 euros.

Both Apple and Loewe could not immediately be reached for comment.

Loewe has a market capitalization of 59.1 million euros, according to Thomson Reuters data. ($1 = 0.7726 euros)

(Reporting by Harro ten Wolde)

Stocks treated in this article : Apple Inc., Loewe AG
Recommend :
0
React to this article
Latest news on LOEWE AG
07/08 LOEWE : Connect: The ultimate in video streaming and archiving
07/08 LOEWE : SoundPort Compact
07/08 LOEWE : Art: The fastest way to change channels
2013 LOEWE AG : Loewe: Capital Measures Initiated
2013 LOEWE AG : Ad-hoc Announcement
2013 LOEWE AG : Annual Shareholders’ Meeting of Loewe AG
2013 LOEWE AG : Ad-hoc Announcement
2013 LOEWE AG : Loewe speeds up restructuring under protection
2013 LOEWE AG : Ad-hoc announcement
2013 LOEWE AG : Maximum joy of use with the new Loewe BluTechVision 3D Blu-ray player
Advertisement
Chart
Duration : Period :
Loewe AG Technical Analysis Chart | LOE | DE0006494107 | 4-Traders
Income Statement Evolution
Loewe AG : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF