Pandora Stock Spikes as Buyout Rumors IntensifyAlso fueling the steep rise was news about the company’s strong performance in the U.S.

[Collection]PARIS — Could struggling Danish jewelry group Pandora soon fall under new ownership? Financial analysts on Friday attributed the 12 percent surge in the company’s stock price in just over 24 hours to swelling rumors that U.S.-based private equity funds are looking to buy out the company. By 4:45 p.m. CET, Pandora stock was trading up 8.6 percent to 423.70 Danish krone. A Pandora spokesman declined to comment on the reports. He said simply that in terms of the company’s current shareholders, “there are no major shareholders holding more than 5 percent of the shares.” On whether a sale could take place imminently, Per Hansen, an investment economist at Nordnet in Copenhagen, said: “It depends upon the price. Pandora over the last 18 months has gone from an all-time high of close to 1,000 Danish krone down to nearly 300 Danish krone, so when a price plunges like that, investors get much more humble. They get much more satisfied if there is a takeover bid in the market with a premium of 15 to 25 percent. In this instance, I think there could be a bid, and the price might be really vital for investors to decided whether it will be successful.” Also fueling the

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