1M6MYTD1Y5YMAX
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Stroeer rises about 8% after reports of possible takeover offer
The Stroeer share climbed around 8% on Thursday after reports that I Squared and Blackstone could be considering a takeover bid. The valuation could be about €2.5 billion, with the offer in the mid-€40s per share. Talks are ongoing and no final decision has been made; market capitalization was most recently around €2.1 billion and the annual general meeting is scheduled for early June. » More on de.investing.com