LD Pensions confirmed to business newspaper Borsen that it is in dialogue with Britain’s Redstone Advisory Partners about selling its 29% stake in PARKEN Sport & Entertainment A/S (CPSE:PARKEN). Online outlet Inside Business had earlier reported that foreign investors could make a takeover offer this week valuing the company at up to DKK 1.27 billion ($195 million). The Borsen report did not include any details, and LD Fonde did not immediately respond to Reuters’ request for comments. The company said in a statement that it had not been in dialogue with foreign investors and that it had not received an offer.