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
Shares in theSwiss-Irish food group Aryzta fell by more than five per cent in early trading, before later recovering some of the lost ground, after the company played down market speculation that it was close to selling its 49 per cent stake in the French frozen food retailer Picard.
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 ...
