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CPWHF - Ceres Power gains amid takeover speculation
Ceres Power Hldgs Plc Ord
UK-listed fuel cell and renewable energy company Ceres Power (OTCPK:CPWHF) jumped 10% in UK trading on speculation that the firm may be a takeover target. There's speculation that Bosch may be considering an offer for Ceres Power (OTCPK:CPWHF), according to a Betaville "uncooked" alert. Bosch is understood to be working with advisesr on a possible deal and may find a partner for a bid. Recall in December 2020 Ceres and Bosch discussed a partnership between the two companies.