Elisa could be a takeover target - report (translated)
Elisa, the Finnish telco operator, could be a takeover target, according to Kauppalehti Online. The Finnish paper cited an analyst named Laurie Fitzjohn-Sykes from Citibank who had commented on Elisa’s share’s strong rise because the share price has been at its highest in years. The bank had estimated that a buyer may appear for the company and that the company could become an M&A target, in which case the company’s share is set to rise further.
Source Kauppalehti Online