September 18, 2018 / 8:40 AM / a month ago

Pandora shares jump 10 pct on takeover rumours

COPENHAGEN, Sept 18 (Reuters) - Shares in Danish jewellery maker Pandora rose by as much as 10 percent on Tuesday following a media report that private equity funds are studying a potential takeover bid.

A number of financial groups including KKR and Bain Capital are looking at the company, Italian financial newspaper Il Sole 24 Ore reported without citing any sources.

Activist funds might also be looking at the company, it added.

A Pandora spokesman declined to comment.

Reporting by Copenhagen newsroom and Stephen Jewkes in Milan; Editing by Kirsten Donovan

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