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Australia's Inghams rises as Canadian pension fund PSP Investments discloses stake

BUZZ-Australia's Inghams rises as Canadian pension fund PSP Investments discloses stake

** Shares of Australia's Inghams Group ING.AX rise as much as 3.4% to A$2.11, their highest level since September 7

** The poultry producer says Canada's pension fund PSP Investments lodges shareholder notice disclosing an interest of 5.62% in the firm

** Company clarifies media reports citing that PSP Investments does not intend to initiate a control transaction in relation to Inghams

** Inghams says it has not received any offer or approach so far from PSP Investments or any other party in relation to a potential control transaction

** YTD, Inghams stock down nearly 17%




(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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