UniCredit Dips, Amplifon Falls, Hensoldt Gains
On this episode of Stock Movers:
- UniCredit made a €35 billion ($40 billion) bid for Commerzbank AG that will allow it to increase its shareholding beyond 30%, easing the path for a potential future acquisition.
_ Amplifon agreed to buy the hearing-aid business of GN Store Nord in a deal valued at 17 billion Danish kroner ($2.6 billion), creating a larger player in audio medical technology.
_ Kepler Cheuvreux analyst Aymeric Poulain raised the recommendation on Hensoldt to hold from reduce.The stock rose as much as 5.4% in early trading.
See omnystudio.com/listener for privacy information.
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