STOCKS NEWS EUROPE-Integralis soars on NTT takeover

Shares in Integralis AG (AAGGn.DE) shoot up 33.8 percent, making them the top gainers in the German stock universe .PG.DE after a unit of Nippon Telegraph and Telephone Corp (9432.T), Japan's largest phone company, says it will buy the German IT security services provider for about 75 million euros ($106 million) in cash.

"Only three months ago, Integralis has been trading for less than 3 euros a share," says a strategist from Close Brothers Seydler.

"Yesterday, they ended the trading at around 5 euros a share. (This is) a good development for the Integralis' shareholders and a further positive signal for the Small & Mid Cap market in Germany," he adds.

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