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New rumours of Danisco takeover

23-Feb-2010

Danish financial newspaper Borsen has fuelled new speculation that Danisco could be ripe for a takeover, after publishing remarks from analysts.

This is not the first time there has been talk of a Danisco take over. In 2008, shortly after confirmation of Danisco’s sugar division to Nordzucker, rumours circulated of a bid from private equity firm Apax.

These rumours were never substantiated, however, and CEO Tom Knutzen pointed out that any offer would have had to be declared to shareholders.

According to Nordic bank Nordea, the Borsen report can give Danisco shares a boost in the short time. Indeed, shares rose 2.1 per cent following publication.

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