BUZZ-Australia's Mayne Pharma jumps most since Aug. 23 on reports of pursuing takeover interest

Reuters

2024-11-08

** Mayne Pharma climbs as much as 11.74% to A$4.950; biggest intraday pct gain since Aug. 23

** MYX considering buyout with Jefferies looking for potential suitors, media report says

** Co confirms Jefferies is its financial adviser and is assisting with strategies to maximize shareholder value

** Mayne did not provide any further information to Reuters

** Stock set for third consecutive sessions of gains; top gainer on ASX All Ordinaries index

** MYX down 23.6% YTD

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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