"Smiths Group, the diverse engineering and technology business that makes airport X-ray machines, continued to rise on hopes that it will be the target of a break-up bid. "We continue to believe that the new chief executive, Philip Bowman, will look to break the group up," explained Colin Crook, an analyst at UBS. "We believe there could be a number of potential industry buyers for the various Smiths businesses and each could be prepared to pay a premium for some of the potential synergies." The shares closed 33 higher at 966p."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/13/cxmktrep113.xml