Wacker Neuson falls in premarket as acquisition talks break down

Doosan Bobcat

23/01/2026 07:01

** Shares in Wacker Neuson WACGn.DE are seen tanking 17% in premarket after the firm said on Thursday that talks with Doosan Bobcat 241560.KS over a majority stake acquisition will not continue

** The German construction company had said last month that it was in "advanced discussions" with South Korea's Doosan over an acquisition of around 63% of its shares

** Doosan Bobcat said in a company filing that it had reviewed the acquisition of Wacker Neuson, but decided not to proceed

** Shares in Wacker have gained 52% in the past twelve months

 (Reporting by Paolo Laudani in Gdansk)

 ((Paolo.laudani@thomsonreuters.com))