Euro Disney S.C.A. operates the Disneyland Paris complex. The Company operates the Disneyland and Walt Disney Studios theme parks, theme hotels, a Festival Disney amusement center, conference centers, and a 27-hole golf course, and leases retail space. Euro Disney also develops real estate.

Since end of August the share has been boosted thanks to rumors of takeover by Walt Disney Company. Yesterday the US based company said it has no plans to buy out the other shareholders in the park’s operator. Beside it has provided 1.73 billion of dollars in order to restructure Disneyland Paris resort’s debt. According to a statement, the French based company extends its debt to 2030 with annual rate of 4% instead of 5.2%. This refinancing plan could boost the activity of Euro Disney remaining independent from Walt Disney Company.

Technically the share is in bullish trend, boosted by takeover rumors. The 20 day moving average is playing as stepping stone in intraday. We suggest a long position because we think that the news of refinancing plan is good and gives a new potential for the company. However we suggest a stop loss very close in order to avoid speculation on rumors.