Berentzen shares jump after confirming takeover talks with Sazerac
Berentzen confirmed negotiations over a potential takeover bid by Sazerac as its shares rose about 22% to a 14-month high.
Shares in Berentzen XETR:BEZ jumped about 22% to a 14-month high on Thursday after the German spirits maker confirmed talks over a possible takeover bid from New Orleans-based alcohol producer Sazerac. Based on Wednesday's closing price, Berentzen had a market capitalization of about…