February 19, 2010 / 11:05 AM / 10 years ago

STOCKS NEWS EUROPE-Lonza gains on takeover talk -traders

Drugs industry supplier Lonza LONN.VX gains 6 percent, far outpacing healthcare rivals .SXDP with traders citing talk of a potential takeover with the shares looking cheap after recent falls.

“The market talk is that EMS Chemie EMSN.VX could be interested in a stake,” one trader says.

Lonza declines to comment and EMS is not immediately available to comment.

Shares in Swiss specialty chemicals group EMS are flat.

Reuters Messaging rm://sam.cage.reuters.com@reuters.net

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