Corporate Express rises on takeover talk

Trading in office supplies group Corporate Express was up 20% in early trading on Tuesday after the Telegraaf reported that the company is in talks over a possible takeover by US peer Staples.

The Telegraaf quoted unnamed sources within Staples as saying that the talks were in a very early stage.
On Monday, chip maker ASMI’s share price rose 10% on takeover rumours.
A British paper on Sunday said activist shareholders Fursa and Hermes would bring out a €700m bid for ASMI within two weeks.

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