Takeover move at EMI boosts shares

Takeover speculation involving music group EMI was reignited today after it said it had received an approach.

Tue, 28 Nov, 2006 - 13:32

Takeover speculation involving music group EMI was reignited today after it said it had received an approach.

Shares in the company jumped 10% – valuing London-based EMI at more than £2.3bn (€3.4bn) – after a brief statement to confirm the takeover interest.

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