(Bloomberg) -- Shares of Legrand SA, the world's
biggest maker of switches and plugs for homes and offices, rose
as much as 9 percent on speculation ABB Ltd. of Switzerland may
make a takeover bid for the company.
The stock climbed 2.35 euros to 28.4 euros and was trading
at 27.68 euros as of 2:55 p.m. in Paris, giving the Limoges,
France-based company a market value of 7.54 billion euros
($10.17 billion).
Read more at Bloomberg Stocks News
biggest maker of switches and plugs for homes and offices, rose
as much as 9 percent on speculation ABB Ltd. of Switzerland may
make a takeover bid for the company.
The stock climbed 2.35 euros to 28.4 euros and was trading
at 27.68 euros as of 2:55 p.m. in Paris, giving the Limoges,
France-based company a market value of 7.54 billion euros
($10.17 billion).
Read more at Bloomberg Stocks News
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