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Danske Equities sees Danisco as takeover target

16-Sep-2010

Related topics: Financial & Industry

New speculation about the future of Danisco has arisen this week, as Danske Equities confirmed it sees the ingredients and biotech firm as a potential target.

“We regard the company as an obvious takeover target, trading at a major discount to peers,” said Danske Equities in a research note.

Danisco’s Q1 results are due out on 21 September.

This is not the first time rumours have circulated about a potential buy-ou of Danisco since it sold off its sugar unit to Nordzucker. In 2008 private equity form Apax was said to be sniffing around with interest.