Aryzta shares slide as it dampens speculation of Picard stake sale

The shares, which rose by nearly 7% last week on the rumours, fell by more than 5% in early trade

8th May, 2017
Aryzta shares fell in early trading

By 10:25 a.m., the shares were 2.9 per cent lower in Dublin at €32.09 while in Zurich, they stood at 34.91 Swiss francs, down 3.6 per cent.

In a statement released this morning in response to the rumours, the company said it noted the recent share price movement and speculation regarding the sale of its Picard stake.

"The board, consistent with its obligations as a listed company, would announce any substantive change or key business development to the...

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