Shares in Independent News & Media (INM) rose 30.5pc - to 9.5c each - yesterday after it announced an approach from a potential buyer. Shares in Independent News & Media (INM) rose 30.5pc - to 9.5c each - yesterday after it announced an approach from a potential buyer. The company told the stock market 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 terms of any such offer," the company said. Axel Springer - whose titles include 'Die Welt', 'Bild' and 'Business Insider' - said: "We in general don't comment on market rumours".

Source: Irish Independent April 05, 2019 01:30 UTC