Kingfisher rumours boost FTSE

Takeover speculation surrounding B&Q owner Kingfisher helped lead a strong rally for the FTSE 100 Index today.

Tue, 03 May, 2005 - 12:52

Takeover speculation surrounding B&Q owner Kingfisher helped lead a strong rally for the FTSE 100 Index today.

The retailing group topped the Footsie risers board with a gain of nearly 5%, or 11.5p to 257p, after a broker said weekend reports that private equity groups were considering bids could be near the mark.

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CourtsBusinessHeathrowPlace: USPlace: EuropePlace: UKPerson: KingfisherOrganisation: KingfisherOrganisation: FTSEOrganisation: B&QOrganisation: DowOrganisation: Federal ReserveOrganisation: Friends ProvidentOrganisation: FootsieOrganisation: FriendsOrganisation: Norwich UnionOrganisation: Royal & Sun AllianceOrganisation: MarconiOrganisation: MatalanOrganisation: Lee Cooper
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