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Ebookers shares take off on bid speculation
Travel and tourism shares experienced mainly insignificant moves on London’s equity markets yesterday – with one major exception.
The FTSE 100 index lost 20.4 points to end the day at 4538, while the FTSE 250 dropped 10.7 points to close at 6222.3.
The big move came at ebookers, which added 45.25p to finish at 230p after it admitted it had been in talks with several companies keen to buy the online travel group.
The Independent newspaper states that the company was “considering a possible sale”, adding: “Preliminary discussions are being held in this regard with several interested parties.”
Speculation centres on Interactive, Sabre, and Cendant, the newspaper reports.
Alpha Airports 86.5p NO CHANGE
BAA 563.5p UP 0.5p
British Airways 225.75p DOWN 3p
Carnival 2728p DOWN 21p
De Vere 417.75p DOWN 7.75p
EasyJet 150p DOWN 1.75p
ebookers 230p UP 45.25p
EuroDisney 18p NO CHANGE
Eurotunnel 19.25p UP 0.25p
First Choice 128p DOWN 0.25p
Hilton Group 267.75p DOWN 0.25p
Holidaybreak 521.5p UP 1.5p
Intercontinental 590p UP 11p
Lastminute.com 126.5p UP 3p
MyTravel 5.5p UP 0.125p
P&O 241.5p DOWN 0.25p
Rank Group 279.75p UP 0.25p
Ryanair 287.88p DOWN 5.33p
Stagecoach 89.5p UP 1.5p
TBI 70.75p UP 3p
Report by Tim Gillett, News From Abroad Ltd
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