Bang & Olufsen soars after chairman says he's ready to sell - Business - The Jakarta Post

It’s not clear that B&O, which is based in western Denmark, has any potential suitors, but the comments by Chairman Ole Andersen to the Borsen newspaper were initially embraced by investors, who drove the stock up as much as 15 percent after the market opened in Copenhagen on Friday. As investors took a bit more time to think, B&O’s gains petered out, and the shares were about 2 percent higher after roughly an hour of trading.

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Business - Companies - The Jakarta Post

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