Thursday, February 28, 2008

FWEB

""Struggling Fiberweb, which makes fabrics for nappies, gained 5¾ to 66p after full-year results provided some reassurance about the group's turnround prospects. The company said that it was "enabling a due diligence process" after receiving a 100p-a-share takeover proposal from Israeli competitor Avgol last month.""

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/28/cxmktrep128.xml