MILAN, June 16 (Reuters) - Shares in Italy's Cobra failed tostart trading on Monday after Vodafone Global Enterprise said it would offer 1.49 euros a share to buy a majority stakein the Italian auto security system group.
At 0710 GMT shares in Cobra were indicated at 1.4750 euroswith a theoretical rise of 49 percent.
Cobra's majority shareholder Intek Group said ithad agreed to tender its 51.4 percent stake in Cobra for 74.3million euros.
Shares in Intek were indicated at 0.46 euros with atheoretical increase of 11 percent.
(Reporting by Francesca Landini, editing by Danilo Masoni)