"On the FTSE 250, vague bid rumours gave a boost to Misys, the software specialist that rose by 9.25p to 174.25p. The chatter suggested that the company may soon be subject to a bid; there were no clues about the identity of the bidder, but the talk bore a price of between 200p and 210p."
The Independent
Thursday, May 8, 2008
MSY
CPW
"Elsewhere, on the FTSE 100, traders noted renewed interest in Carphone Warehouse, which was rumoured to be close to announcing a deal with Best Buy or Vodafone."
The Independent
DOO
"Lower down the market, D1 Oils , the biodiesel company, was steady at 26.5p despite news that former director Karl Watkin, who owns 4.75% of the company, did not plan to make an offer for the business at the moment."
The Guardian
CPW
"Takeover speculation resurfaced and gathered pace around Carphone Warehouse yesterday. US group Best Buy, which owns around 3% of the company, is tipped as the most likely bidder, either alone or as a partner with Vodafone in a break-up of the Carphone business."
The Guardian
Tuesday, May 6, 2008
TNS
"Sir Martin Sorrell's advertising company WPP is pushing for more information on Taylor Nelson Sofres after its initial unsolicited offer of about £1bn for the market research company was rejected."
The Guardian
Monday, May 5, 2008
TNS
"Taylor Nelson Sofres, the consumer research company, has rejected a 230p-a-share takeover proposal from WPP, the advertising and communications giant."
The Independent
RDW
"Construction giant Bellway has approached rival Redrow with plans for a £1.3bn merger to create the second-biggest housebuilder in Britain."
This is Money
Sunday, May 4, 2008
MOSB
"Baugur will announce this week that it plans to proceed with the proposed £40.2m takeover of struggling menswear chain Moss Bros."
The Observer
FPM
"Dana, which produces about 75% of its oil from the North Sea, said pre-tax profits for 2007 rose 48% to £143.3m driven by higher oil and gas prices and an increase in production of 37%. The company was rumoured to be looking at Faroe Petroleum after increasing its stake earlier this year."
Sunday Times
ARDN
"Cenkos Securities, the stockbroker owned by City veteran Andy Stewart, is in talks with its smaller rival Arden Partners about a possible £30m takeover."
Sunday Times
RIO
"BHP Billiton is poised to lodge a filing with the European Commission within the next two weeks, starting the clock ticking on its hostile takeover bid for mining rival Rio Tinto."
Sunday Telegraph
BGY
"On the downside, British Energy slipped 3.9 per cent to 728½p following reports which claimed that Germany’s RWE might bid for parts of the power company but not all of it."
Financial Times
RIO
"Takeover target Rio Tinto rose 4.6 per cent to £61.06 after its chairman, Paul Skinner, suggested that a break-up of the company might be the best way to create value for shareholders."
Financial Times
SBRY
"J Sainsbury was marked 2.9 per cent higher at 391½p as traders realised that Delta Two, the investment fund backed by the state of Qatar, would be free to bid again next week."
Financial Times
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