* Richemont, Rodenstock decline comment
* Analysts mull over potential rationale for a Richemont bid
(Adds details, shares, analyst quote, background)
By Alexander Huebner
FRANKFURT/ZURICH, Jan 19 Luxury goods maker
Richemont CFR.VX has made an offer for Rodenstock [BRICAR.UL],
with the intention of getting a majority stake, two people
familiar with the matter said on Tuesday.
Banks are demanding fresh equity Rodenstock as the
Munich-based eyeglass-frames maker seeks to renegotiate its
debt, the sources said.
Richemont, the Swiss group behind Cartier watches and Chloe
handbags, was not immediately available for comment. It had
declined to comment earlier on Tuesday on a report from
Germany's Financial Times Deutschland (FTD), which said it was
in talks with Rodenstock.
Rodenstock, which had sales of 380 million euros last year,
and its majority owner Bridgepoint [BRDG.UL] also declined to
Rumours that Richemont, which has more than 1 billion euros
($1.43 billion) in net cash, is on the prowl for an acquisition
have repeatedly surfaced of late.
Earlier this month, the New York Post newspaper said
Richemont, the world's second-largest luxury group, was
interested in a stake in Italian fashion house Prada. Prada
denied the report. [ID:nLDE6040TG]
Vontobel analyst Rene Weber said the German glasses-maker
did not fit in with the Swiss company's portfolio.
"I don't no where that idea (of an offer) comes from," Weber
said. "It doesn't seem to make a lot of sense because it's
(Rodenstock) a totally different business."
"It's an area that has nothing to do with luxury goods and
would be totally new for Richemont," he said.
Shares in Richemont, which posted forecast-beating
third-quarter earnings earlier this week, were 1.2 percent
higher at 38.09 Swiss francs a share by 1556 GMT, compared with
0.94 percent rise in the Dow Jones personal and household goods
(Additional reporting Catherine Bosley; editing by Karen