Loewe AG declined to comment on a report that Apple Inc. will purchase the German TV maker for 87.3 million euros ($112.8 million).
Loewe “does not want to take part in these rumors,” said company spokesman Roland Raithel in an e-mailed statement. Earlier today, Deutsche Presse-Agentur cited an unidentified Loewe spokesman saying that “there is no truth” to the story, which was posted on the AppleInsider website yesterday.
Apple didn’t immediately respond today to a voicemail left by Bloomberg News on its media hotline seeking comment.
AppleInsider, citing an unidentified person familiar with the talks, reported a final decision on the takeover would be announced internally at Loewe before May 18.
In January, Loewe posted a fiscal 2011 loss before interest and taxes of 10.5 million euros on sales of 274 million euros. The company said it expected a gain in 2012 sales.
Analysts have predicted that Cupertino, California-based Apple, maker of the iPhone and iPad, will debut a television within a year.