Loewe shares rise on talk Apple bid talk

FRANKFURT Wed Feb 13, 2013 11:49am GMT

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FRANKFURT Feb 13 (Reuters) - Shares in Loewe rose 12 percent on Wednesday as traders pointed to market rumours that Apple plans to bid 4 euros ($5.4) a share for the company.

Shares in Loewe were up 12.2 percent at 1140 GMT at 3.10 euros.

Loewe said that it was unaware of any bid by Apple.