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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (621)	12/4/2005 10:52:17 PM
From: richardred	Respond to of 7243

Danish shares higher midmorning, led by AP Moeller-Maersk; Novo Nordisk falls 12.02.2005, 05:43 AM COPENHAGEN (AFX) - Share prices were higher in midmorning trade after gains in both US and Asia, led by AP Moeller-Maersk, with Novo Nordisk falling on reports its NovoSeven drug increases the risk of thrombus, brokers said. At 11.20 am the OMXC20 index was 2.71 points higher at 376.38 and the OMXCB Benchmark index was 2.06 points higher at 350.13. The AP Moeller-Maersk shares rose in line with Asian shipping peer stocks this morning, its A-shares up 900 dkr at 59,800 and its B-shares up 1,200 at 61,500. Novo Nordisk fell 3.5 to 345 after reports that the group has warned that its NovoSeven blood-clotting drug slightly increases the risk of thrombus. However, a spokesman at Novo Nordisk told AFX News that this is old news, first published back in February, but which has now been included in a labelling update published in the US on Nov 23. Vestas Wind Systems was up 1 at 101.25, continuing to correct higher after last week's massive falls when the group issued a profits warnings for 2005. TDC was down 0.5 at 376.5. After the offer to buy TDC, investors are now speculating which company will be the next target for a private equity firm. Danisco, DSV and Group 4 Securicor are viewed as the most likely takeover targets. Danisco was up 10 at 464.5, DSV was up 14 at 668 and Group 4 Securicor was up 0.3 at 17.6. William Demant Holding was unchanged at 339 and GN Store Nord was up 0.25 at 76. Carlsberg was unchanged at 341. It confirmed selling a 11.9 pct stake in South Korean brwery group, Hite, for 1.9 bln dkr. Danske Bank was up 0.75 at 206.25. forbes.com