"On the FTSE 250, bid speculation surrounded FKI, the engineering group which was the subject of a new, enhanced 85p per share offer from Melrose last week. Market chatter centred on a counter-offer from Blackstone, the American private equity giant which is believed to be interested in the acquiring the company. Hopes of a bidding war for FKI, which has opened its books to Melrose, took the company's share price up 0.50p to 69.75p."
http://www.independent.co.uk/news/business/sharewatch/market-report-burberry-in-demand-after-fresh-talk-of-us-bid-794071.html