Homebuilder Redrow’s shares surged on the back of ‘market chatter’ regarding a possible takeover.
According to Betaville, people following the situation had heard rumours of a predator circling the company.
As of 1110 BST, shares of Redrow were trading 4.74% higher to 672.20p, having earlier climbed as high as 675.80p.
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(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA. The potential deal will see Vodafone's mobile service...
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