Deals
TomTom Rises as Rabo Foresees Move by Apple for Takeover
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TomTom NV, the Dutch supplier of navigation applications for Apple Inc.’s iPhone 5, rose the most in eight weeks after an analyst at Rabobank International said the U.S. company may make a takeover bid.
TomTom closed 5.65 percent higher at 4.06 euros in Amsterdam, the biggest jump since Oct. 15. The stock has gained 33 percent this year, valuing Amsterdam-based TomTom at 901 million euros ($1.17 billion).