"Fiberweb, which makes fabrics for use in nappies, firmed 4 to 59½p as Dr Tito Tettamanti, the veteran Swiss corporate raider, increased his stake to 5pc. The stake is held through his Sterling Strategic Value fund. Fiberweb, which was hit by three profit warnings last year, is in ongoing talks with Israeli peer Avgol about a possible 100p-a-share takeover. There has been speculation that other industry players could make counter-bids."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/26/cxmktrep126.xml
Tuesday, February 26, 2008
FWEB
