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Wirecard shares surge on ex-chair comments about potential acquisition offer

Dec 31, 2018 - SNL European Financials Daily

Wirecard AG's share price rose Dec. 28 after former chairman Klaus Rehnig said he expected that an international investor would soon launch an acquisition offer for the financial technology company.

At 12:43 p.m. CET, Wirecard was trading up 3.73% at 132.15 on the Xetra electronic trading platform of the Frankfurt Stock Exchange. The price increase was even stronger in floor trading as the stock was up 5.57% at 131.90 at 12:59 p.m. CET. The shares had reached an intraday high of 132.95 ...