Italy's DiaSorin jumps after Betaville reports possible takeover interest
BUZZ-Italy's DiaSorin jumps after Betaville reports possible takeover interest ** DiaSorin shares rise as much as 12% after market rumours of a takeover interest for the Italian diagnostics company that traders link to a report in M&A website Betaville
** Unverified market chatter suggest the company is object of a possible takeover interest by an unidentified company, Betaville wrote citing "people following the situation"
** DiaSorin was not immediately available for comment
** DiaSorin's management is currently in the U.S. for an industry conference, a Milan-based trader noted
** Other rumours suggest a large hedge fund may have bought a stake in the company, the trader added
** The Denegri family is the group's main shareholder, which through the holding companies Finde and IP Investimenti owns 44.9% of the share capital and 62.8% of voting rights
** Stock up 6.6% as of 1520 GMT
** Including today's rise the stock has gained 4.5% YTD
(Reporting by Giancarlo Navach in Milan, Philippe Leroy Beaulieu in Gdansk)
Recent news on DiaSorin SpA
See all newsBrief: Diasorin Receives Us' FDA 510(K) Clearance And Clia Waiver For Liaison Nes Group A Streptococcus (Gas) Assay
Deutsche Bank cuts Diasorin to 'sell', sees company targets as stretched
Italy - Factors to watch on June 5
Italy's DiaSorin jumps after Betaville reports possible takeover interest
Europe Research Roundup: Aj Bell, Greencore, S&U