30-May-2011 3:36 PM
Cimber Sterling shares jump 66% on takeover reports
Analysis
Shares in Danish LCC Cimbre Sterling jumped by 66% on Friday, following a report that Ukrainian billionaire Igor Kolomoisky is in talks to purchase the struggling carrier. Cimber has not commented on the takeover speculation but confirmed it is in talks with "a number of potential investors", although no agreement has been reached.
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