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Still no ebookers deal

Tuesday, 16 November 20043 min read

There were few moves of major significance among industry shares yesterday, as London’s equity markets registered small gains. The FTSE 100 index added 9.2 points to end the day at 4803.1, while the FTSE 250 put on 10.2 points to close at 6592.5. The biggest news of the day was at ebookers, with The Guardian reporting that a “hoped-for bid for the online travel agency failed to materialise”. The firm’s finance director Michael Healy is quoted as saying that he hoped a deal would be done by the end of the year, but “could not promise investors a deal would definitely be done”. The company’s shares dropped 6.5p to 285.5p as traders were “left unsatisfied”. Alpha Airports 95p UP 0.5p BAA 590.5p UP 4p British Airways 229.25p UP 0.5p Carnival 3016p DOWN 34p De Vere 430.5p UP 5.25p EasyJet 176.75p NO CHANGE ebookers 285.5p DOWN 6.5p EuroDisney 18p NO CHANGE Eurotunnel 19.25p DOWN 0.75p First Choice 139.75p UP 1.25p Hilton Group 272.5p DOWN 3p Holidaybreak 550p NO CHANGE Intercontinental 678.5p DOWN 1.5p Lastminute.com 115.5p DOWN 1.5p MyTravel 4p DOWN 0.25p P&O 290.75p UP 0.25p Rank Group 282p DOWN 4p Ryanair 349.87p DOWN 1.78p Stagecoach 93p DOWN 1p TBI 77p UP 2.5p Report by Tim Gillett, News From Abroad Ltd