Shares in Belgian IT services company RealDolmen rise as much as 6 percent after press reports say that the recent departure of its acquisition-hungry CEO may clear the way for a possible sale of the firm.
"They conclude that instead of RealDolmen making acquisitions, the shareholders of RealDolmen prefer to sell the company, and that is a reflection that the market now has," Bank Degroof analyst Siddy Jobe says.
Belgian newspaper De Tijd said RealDolmen might seek a buyer following the departure of Chief Executive Bruno Segers, announced on Friday.
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