Bid talk drives Avis higher

Troubled car rental firm Avis Europe today became the latest FTSE 250 Index stock to find itself at the centre of takeover speculation.

Bid talk drives Avis higher
Mon, 07 Feb, 2005 - 18:26

Troubled car rental firm Avis Europe today became the latest FTSE 250 Index stock to find itself at the centre of takeover speculation.

Avis shares closed more than 10% higher – up 5.5p at 58.5p – after rumours of a possible bid hit the market.

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