Reaction details (16:27)
- In an immediate reaction, co. shares spiked up 4.18% from EUR 0.816 to EUR 0.850.
- In 14 minutes following the initial headline shares gain 16.3% to print a high of EUR 0.950.
Analysis details (16:17)
- According to sources, talks are said to be centered on obtaining a loan to strengthen the balance sheet, where the company is expected to offer some of its assets for collateral in return for funding from the investment bank.
22 Nov 2012 - 16:12 - Equities - Source: Newswires
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