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Vestas Drops as Investors Doubt Takeover News: Copenhagen Mover

Vestas Wind Systems A/S, the world’s largest turbine maker, slumped the most in more than a month in Copenhagen trading as investors deemed speculation that the company is close to being bought to be overdone.

The shares dropped 5.6 percent to 52.45 kroner, the most since March 6, making it the worst performer on the Copenhagen benchmark index today. Vestas shares have plunged 15 percent this year versus a 17 percent increase in the main OMXC20 index.