30-May-2011 3:34 PM
Cimber Sterling jumps on takeover reports; SpiceJet shareholder could increase stake
Analysis
Shares in Danish LCC 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 by confirmed it is in talks with "a number of potential investors", although no agreement has been reached.
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