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AFX — Carl Zeiss Meditec AG News Story

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Carl Zeiss Meditec rises on parent company's plan to boost shareholding

BUZZ-Carl Zeiss Meditec rises on parent company's plan to boost shareholding

** Shares of Carl Zeiss Meditec AG AFXG.DE rise 9% after parent company Carl Zeiss announced plans to increase its shareholding

** The major shareholder plans to acquire shares worth up to €200 million ($228.62 million)

** The technology company plans not to exceed 70% of the voting rights in Carl Zeiss Meditec

** The stock is the top gainer on the German small-cap index .SDAXI


($1 = 0.8748 euros)


(Reporting by Orest Dovhan)

((Orest.Dovhan@thomsonreuters.com))

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