ICI fuelled by takeover talk

Chemicals and paints giant ICI continued its stellar stock market performance today as further bid speculation surrounded the firm.

ICI fuelled by takeover talk
Fri, 05 Jan, 2007 - 11:32

Chemicals and paints giant ICI continued its stellar stock market performance today as further bid speculation surrounded the firm.

Shares have soared 36% in the last 12 months and closed yesterday at 461p - its highest level since late 2000. The stock advanced a further 2% today after broker UBS raised its price target to 470p.

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