INM shares leap on takeover approach

INM said in a statement that it had received an approach in relation to a possible offer for the company

Some criticism at INM's AGM. Pic: RollingNews.ie
INM talks at 'preliminary stage'. Pic: RollingNews.ie

Shares in Independent News & Media (INM) soared by more than 30 per cent in Dublin as the newspaper publisher confirmed it had received a takeover approach.

INM said in a statement that it had received an approach in relation to a possible offer for the company.

“Discussions are at a preliminary stage and there is no certainty that any offer will be made, or as to the ...