Aryzta: Potential takeover by Elliott boosts shares
11/09/2020 08:37
** Shares in Aryzta ARYN.S jump 14.5% as it's in advanced
discussions with private equity firm Elliott Advisors on a
potential takover bid urn:newsml:reuters.com:*:nFWN2G70KL
** Baader Helvea says the existence of a potential takeover
offer, which should be above current levels, should be a support
for the share price short-term
** Vontobel upgrades the company to "hold" on the news and
sets a new target price of CHF 0.80
((Veronica.snoj@tr.com))