• Most Popular
  • Most Shared

STOCKS NEWS EUROPE-Integralis soars on NTT takeover

Tue Jun 30, 2009 3:36am EDT

Stocks

   

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.

For more double click on [ID:nTFA006395]

Reuters Messaging rm://tyler.sitte.thomsonreuters.com@reuters.net


More from Reuters

Photo

Democrats secure 60th vote on health bill

WASHINGTON (Reuters) - Senate Democrats reached a compromise on Saturday with holdout Senator Ben Nelson that secured the 60 votes they need to pass the broad healthcare overhaul sought by President Barack Obama.

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review