Vestas Jumps as Denmark Declines Action on Bid: Copenhagen Mover

Vestas Wind Systems A/S surged 13 percent, the most in 2-1/2 months, after Danish Energy Minister Martin Lidegaard said the government wouldn’t block a possible bid for the world’s largest wind-turbine maker.

“What’s going on is in the private market,” Lidegaard said at a press conference in Copenhagen when asked whether the government could stop a purchase by a Chinese company. “There’s no question that the Danish government would interfere. It’s a private business.”