Wacker Neuson tracks best day ever on takeover interest from Doosan

Wacker Neuson SE

02/12/2025 13:21

** Shares in Wacker Neuson WACGn.DE jump 25% after the German construction equipment maker confirmed talks over a potential takeover by South Korea's Doosan 000150.KS

** The company said Doosan was considering buying 63% of its share capital from major shareholders and launching a public takeover offer for all remaining shareholders

** Bloomberg News was the first to report on Doosan's interest, leading to an up to 17% spike earlier on Tuesday

** Wacker Neuson shares are on track for their biggest daily rise ever

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))