BUZZ - Modine shares surge on rumors of acquisition talks with Samsung
路透社2026/11/13 12:07November 13 - ** Modine Manufacturing (MOD.N) shares soared 30% pre-market to $138
** According to a Bloomberg report on Thursday, Samsung Electronics (005930.KS) is in talks to acquire a data center cooling company (link)
** Both parties are discussing the potential deal, with an agreement expected within weeks — Bloomberg
** Modine’s market capitalization at the previous close was $5.64 billion — London Stock Exchange Group (LSEG) data
** Reuters was not immediately able to independently verify the report, and could not reach Samsung and Modine for comment
** No final decision has been made; talks could still fall through, and other bidders may emerge — Bloomberg
** As of the previous close, MOD had fallen 13% year to date
(For the convenience of non-native English speakers, Reuters automatically translates its coverage into several other languages. Since automated translation may include errors or omit necessary context, Reuters does not guarantee the accuracy of automated translated text. Automated translation is offered solely for the convenience of readers. Reuters accepts no liability for any damage or loss resulting from the use of automated translation.)
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