Friday, January 18, 2008

HTG

"Oil services group Hunting strengthened 11½ to 662p thanks to speculation of a possible break-up bid. Phil Lindsay, an analyst at ABN Amro, said: "We see a break-up of Hunting as very feasible given little synergy between the two main divisions [Gibson Energy and Hunting Energy]." He believes the stock could be worth up to 850p in a break-up scenario."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/18/cxmktrep118.xml