--Amazon.com Inc. and Spotify Technology S.A. are considering whether to make rival takeover bids for London-listed podcasting company Audioboom Group PLC, Sky News reports.

--Audioboom has a market capitalization of more than 275 million pounds ($373.0 million) and any bid will likely be a significant premium to its closing share price on Friday of GBP17.60, Sky News reports, citing city sources.

--Audioboom has seen its revenue and share price greatly increase during the coronavirus pandemic, the report said.

 

Full story: https://bit.ly/3HN0ZgE

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

February 14, 2022 01:15 ET (06:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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