German TV maker Loewe denies Apple acquisition rumor

“Following an AppleInsider report that hit last night stating that Apple was in talks to acquire the company, German TV maker Loewe has today officially denied rumours of a $113 million buyout, with a company spokesperson stating that the report has ‘absolutely nothing to it,'” Matt Brian reports for 9to5Mac.

“Loewe contacted German website Heise, responding to speculation that suggested Apple had entered negotiations with the premium television manufacturer, tabling a €87.3 million (around $113 million) bid. However, the deal had reportedly yet to be agreed,” Brian reports.

Read more in the full article here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

Related article:
RUMOR: Apple in talks to acquire German HDTV maker Loewe – May 12, 2012

13 Comments

    1. I think I’ve read somewhere that the Japanese won’t allow or there are regulations in place against foreigners to gain controlling share of a company like Sony.

  1. Not good news here if true… however, its easy to deny when there’s a pay off to keep things hush hush. And after all, there was no name mentioned as to who the ‘SPOKESMAN’ was Loewe.

    Sounds as if someone is covering up a leak.

    “An den Angaben sei “überhaupt nichts dran”, erklärte ein Loewe-Sprecher am Sonntag.”

    “absolutely nothing to it,” a spokesman said on Sunday Loewe.

  2. “German TV maker Loewe has today officially denied rumours of a $113 million buyout…”

    As per the NDA.

    We’ll just have to ‘wait and see’ what happens.

      1. If we all hope, and join in forces letting the important people know what we are hoping for, we can make it happen

        (even the blocked legislation)

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