Modine jumps on report of Samsung acquisition talks
Today 11:56
BUZZ-Modine jumps on report of Samsung acquisition talks ** Modine Manufacturing MOD.N shares soar 30% to $138 premarket
** Samsung Electronics 005930.KS in talks to acquire the data center cooling firm, Bloomberg News reported Thursday
** The companies discussing potential deal that can come together in weeks - Bloomberg News
** Modine market cap at last close: $5.64 bln - LSEG data
** Reuters could not immediately verify the report or reach Samsung, Modine for comment
** No final decision; talks could still fall apart, another suitor could emerge - Bloomberg News
** As of last close, MOD down 13% YTD
(Reporting by Kamal Choudhury in Bengaluru)