Investors Want to Take Pandora Private, Report Claims

At least three private equity firms have looked into taking charm maker Pandora private, according to a report in Italian newspaper Il Sole 24 Ore "American giant KKR [and] other private equity companies such as Bain Capital and Carlyle have examined dossier," the newspaper said "[Pandora] is a perfect target for private equity companies interested in re-launching a company in temporary crisis.

Despite its not-particularly-clear sourcing, the report seemingly caused the company's stock price to leap 10 percent yesterday Pandora went public in 2010 in a $1.8 billion IPO But since then its stock has had a tougher time charming investors.

Boyer is a longtime member of the Pandora board, and Schwartz is the former CEO of the Body Shop Following Friis' resignation, Bloomberg asked him in a live TV interview whether Pandora was now vulnerable to a takeover. . Source