Monday, June 4, 2007

Securitas Shares Jump on Newspaper Report That Gardell Is Building Stake

(Bloomberg) -- Shares of Securitas AB, the world's
largest security provider, rose as much as 5.3 percent after a
newspaper reported that Swedish activist investors Christer
Gardell may be building a stake in the company.

Shares of Stockholm-based Securitas rose as much as 5.5
kronor to 108.8 kronor and traded at 108.5 kronor at 10:14 a.m.
in Stockholm. The stock is up 2 percent this year, while the OMX
30 index has gained 13 percent in the period.


Read more at Bloomberg Stocks News

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