Apple (AAPL) is rumored to be planning a €4/share bid for Germany's Loewe (LOEEF.OB),...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) is rumored to be planning a €4/share bid for Germany's Loewe (LOEEF.OB), sending shares in the consumer-electronics supplier 16.1% higher to €3.17 in Frankfurt and giving it a market cap of €40.07M. Loewe says it's not aware of any bids.