"On the FTSE 250, vague bid rumours gave a boost to Misys, the software specialist that rose by 9.25p to 174.25p. The chatter suggested that the company may soon be subject to a bid; there were no clues about the identity of the bidder, but the talk bore a price of between 200p and 210p."
The Independent
CPW
"Elsewhere, on the FTSE 100, traders noted renewed interest in Carphone Warehouse, which was rumoured to be close to announcing a deal with Best Buy or Vodafone."
The Independent
The Independent
DOO
"Lower down the market, D1 Oils , the biodiesel company, was steady at 26.5p despite news that former director Karl Watkin, who owns 4.75% of the company, did not plan to make an offer for the business at the moment."
The Guardian
The Guardian
CPW
"Takeover speculation resurfaced and gathered pace around Carphone Warehouse yesterday. US group Best Buy, which owns around 3% of the company, is tipped as the most likely bidder, either alone or as a partner with Vodafone in a break-up of the Carphone business."
The Guardian
The Guardian
Tuesday, May 6, 2008
TNS
"Sir Martin Sorrell's advertising company WPP is pushing for more information on Taylor Nelson Sofres after its initial unsolicited offer of about £1bn for the market research company was rejected."
The Guardian
The Guardian
Monday, May 5, 2008
TNS
"Taylor Nelson Sofres, the consumer research company, has rejected a 230p-a-share takeover proposal from WPP, the advertising and communications giant."
The Independent
The Independent
RDW
"Construction giant Bellway has approached rival Redrow with plans for a £1.3bn merger to create the second-biggest housebuilder in Britain."
This is Money
This is Money
Sunday, May 4, 2008
MOSB
"Baugur will announce this week that it plans to proceed with the proposed £40.2m takeover of struggling menswear chain Moss Bros."
The Observer
The Observer
FPM
"Dana, which produces about 75% of its oil from the North Sea, said pre-tax profits for 2007 rose 48% to £143.3m driven by higher oil and gas prices and an increase in production of 37%. The company was rumoured to be looking at Faroe Petroleum after increasing its stake earlier this year."
Sunday Times
Sunday Times
ARDN
"Cenkos Securities, the stockbroker owned by City veteran Andy Stewart, is in talks with its smaller rival Arden Partners about a possible £30m takeover."
Sunday Times
Sunday Times
RIO
"BHP Billiton is poised to lodge a filing with the European Commission within the next two weeks, starting the clock ticking on its hostile takeover bid for mining rival Rio Tinto."
Sunday Telegraph
Sunday Telegraph
BGY
"On the downside, British Energy slipped 3.9 per cent to 728½p following reports which claimed that Germany’s RWE might bid for parts of the power company but not all of it."
Financial Times
Financial Times
RIO
"Takeover target Rio Tinto rose 4.6 per cent to £61.06 after its chairman, Paul Skinner, suggested that a break-up of the company might be the best way to create value for shareholders."
Financial Times
Financial Times
SBRY
"J Sainsbury was marked 2.9 per cent higher at 391½p as traders realised that Delta Two, the investment fund backed by the state of Qatar, would be free to bid again next week."
Financial Times
Financial Times
Friday, May 2, 2008
IGP
"Intercede, which makes technology used in identity card systems, jumped 5.5p to 43p on talk that it could attract attention from Indian group Bartronics. Bartronics has said it wants to buy an established European company by the end of the year."
The Guardian
The Guardian
CMDS
"China Medstar, which supplies radiotherapy equipment to Chinese medical centres, was steady yesterday at 31.5p. Traders believe the company has received a takeover approach at 60p a share."
The Guardian
The Guardian
CPW
"The speculators continued to drive Carphone Warehouse, which rose by 3.25p to 275p. Hopes of a takeover by Best Buy, or of a division of the business between the American company and Vodafone, continued to draw investors."
The Independent
The Independent
BVS
Bovis Homes, off just 0.5 per cent at 463p, managed to avoid the worst of the selling, however. That was because of speculation it could be target for a group looking to ride out the storm in the housing market by merging with a rival, cutting costs and taking advantage of greater buying power.
FT
FT
HTG
"The oil services group Hunting was buoyant, rising by 6p to 896p, following renewed bid speculation."
The Independent
The Independent
Thursday, May 1, 2008
ISAT
"Also on the FTSE 250, the satellite company Inmarsat was up 18.5p at 462.5p thanks to renewed bid speculation."
The Independent
The Independent
BOY
"Elsewhere, bid speculation was evident around Bodycote, the engineering company, which gained 30.25p to 241.75p."
The Independent
The Independent
BRBY
"Burberry was back in fashion yesterday after early rumours suggested a bid may be forthcoming from Coach, the American handbag maker."
The Independent
The Independent
ISAT
"Inmarsat, the satellite communications group, provided the day’s speculative feature. Its shares rose 4.2 per cent to 462½p on rumours of a bid approach from Asia. Traders said any deal would require the backing of Inmarsat’s biggest shareholder, Harbinger Capital, which owns 28 per cent of the company."
FT
FT
CPW
"Carphone Warehouse, the mobile phone retailer and broadband supplier, was in focus, rising 9¼ to 271¾p as rumours of a possible bid from US retailer BestBuy resurfaced. The latest bout of BestBuy bid speculation was triggered by Carphone's decision to separate its retail and broadband businesses into distinct divisions."
Telegraph
Telegraph