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| Name | Symbol | Market | Type |
|---|---|---|---|
| Geberit Ag Jona (PK) | USOTC:GBERY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.04 | -1.66% | 61.657 | 61.65 | 61.86 | 61.95 | 61.53 | 61.95 | 1,153 | 18:41:51 |
From Oct 2019 to Oct 2024
Grohe, a German bathroom-fittings maker, has attracted bidding interest from several rivals, the Reuters news agency said Friday on its website, citing three unnamed sources with knowledge of the process.
The interested bidders were asked to submit tentative offers by the end of next week, the people were quoted as saying in the report. Grohe could be valued at up to EUR4 billion ($5 billion), the report said.
Grohe has drawn interest from a Swiss peer, Geberit AG (GEBN.VX), as well as from Siam Cement PCL (SCC.TH), two of the sources said in the report. A third source told Reuters that U.S.-based Fortune Brands Home (FBHS) has expressed interest in Grohe in the past but hasn't been in active pursuit lately.
"Grohe continues to evaluate all strategic options," a spokesman for the company was quoted as saying in the report.
Grohe is owned by TPG Capital and the private-equity arm of Credit Suisse Group (CSGN.VX).
Full story: http://www.reuters.com/article/2013/07/11/us-grohe-sale-idUSBRE96A0RK20130711
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Geberit Ag Jona (PK) Chart |
1 Month Geberit Ag Jona (PK) Chart |
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