Lastminute counter-bid rumours
Rumours of a counter bid pushed shares is lastminute.com higher yesterday, as London’s main equity indices stalled.
While the FSTE 250 managed to gain 10.5 points to close at 6805.5, the benchmark FTSE 100 dropped 2.3 points to end the day at 4884.2.
Lastminute.com, whose share price has already rocketed in recent days, added 2.75p to close at 170.25p; The Guardian states that this was due to “rumours that a counter bid will emerge”.
Among other movements, Stelios Haji-Ioannou’s announcement that he is to rejoin the board of EasyJet did the airline’s stock no favours – it closed down 4p at 241.5p.
Alpha Airports 94p NO CHANGE
Avis Europe 70.5p UP 1p
BAA 588p DOWN 1.5p
British Airways 260.5p UP 0.5p
CNG Travel Group 52p NO CHANGE
Carnival 2915p UP 61p
CenterParcs 59.75 NO CHANGE
De Vere 529.5p UP 6p
EasyJet 241.5p DOWN 4p
ebookers 319.5p NO CHANGE
EuroDisney 8.5p NO CHANGE
Eurotunnel 13p DOWN 0.5p
First Choice 172p UP 1p
Hilton Group 267p DOWN 2p
Holidaybreak 620p DOWN 4.5p
Intercontinental 622.5p DOWN 0.5p
Lastminute.com 170.25p UP 2.75p
MyTravel 6p NO CHANGE
P&O 280p DOWN 2p
Rank Group 250.25p DOWN 1.75p
Ryanair 405.75p DOWN 4.125p
Stagecoach 106p UP 1p
Report by Tim Gillett, News From Abroad Ltd www.newsfromabroad.com
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