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Apple (AAPL) is reportedly in talks to acquire Loewe, a German maker of high-end TVs and...

Monday, May 14, 2012, 9:17 AM ET
Apple (AAPL) is reportedly in talks to acquire Loewe, a German maker of high-end TVs and speakers sporting minimalist designs, with a final decision due this week. A source claims Apple is offering $112M, a 47% premium to Loewe's Friday close on the Frankfurt exchange. The report comes shortly after Foxconn's chairman said his company is preparing to make an Apple TV set. Sharp, which just received an investment from Foxconn, owns 28.8% of Loewe. Update: Loewe is denying the rumor, but some investors aren't convinced, as its shares are still up 24.6%.

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This news story has 5 comments:

livshk Comments (31)

SA you need to catch up on the news - Loewe has already denied this rumor.

14 May 2012, 09:41 AM Reply Like

stevemost Comments (11)

This would be denied whether true OR false.

I'd guess that if true, they'd buy it for distribution points worldwide or IP patents, not design.

14 May 2012, 10:00 AM Reply Like

who? Comments (106)

Pointless acquisition very un-likely.
Their retail space is pokey and no use to Apple.
Perhaps repair organisation might be useful? Doubt it.
Loewe is a sad company with no real future.

14 May 2012, 10:13 AM Reply Like