French energy group Total denies interest in Umicore

  • Fri,8 Nov 2019 04:55:14 PM



Paris Nov 08 (Reuters) - French energy group Total denied on Friday any bid interest in Belgian materials and technology group Umicore , whose shares had briefly jumped higher on speculation of takeover interest from Total.

"We categorically deny any interest in Umicore," said a spokesperson for Total.

Umicore's shares had briefly jumped up by as much as 9.5% after an FT Alphaville report of possible bid interest from Total, but the stock then lost ground.

Umicore shares were down 0.9% by 1350 GMT.

A Umicore spokesperson said the company had no comment to make on the market rumours.

 

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Title : French energy group Total denies interest in Umicore

 
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