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FTSE 250 movers: G4S surges on bid; Wetherspoons retreats

Shares of security services firm G4S surged after privately-owned Canadian rival GardaWorld announced a hostile 190p per share possible offer valuing the company at £2.96bn. The offer price is 30% premium to Friday’s closing share price and an 86% premium to the price prior to its first approach in June. …

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FTSE 250 movers: AO World surges; Capco down on results

London’s FTSE 250 was up 0.5% at 18,077.60 in afternoon trade on Wednesday. Online electrical goods retailer AO World surged to the top of the index, with traders pointing to positive read-across from Asos, which said annual sales and profit were set to be “significantly ahead” of market expectations. Although …

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FTSE 250 movers: Cineworld surges; gold miners retreat

London’s FTSE 250 was up 1.4% at 17,964.71 in afternoon trade on Tuesday. Cineworld surged, with traders pointing to speculation the company may be taken private by its founder. The shares had already rallied on Monday on takeover speculation after a US judge granted the government’s request to end the …

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FTSE 250 movers: Energean surges; Carnival sinks

London’s FTSE 250 was 0.6% higher at 17,221.83 in afternoon trade on Monday. Energean surged to the top of the index after saying it had agreed to exclude Edison E&P’s Norwegian subsidiary from its takeover deal, and cut capital expenditure guidance as oil companies wrestle with a slump in prices …

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FTSE 250 movers: Dunelm surges, AJ Bell stumbles

London’s FTSE 250 was 0.20% higher at 20,706.34 in afternoon trade on Thursday, with Dunelm leading the charge upward. Shares of the homeware retailer surged after it said full-year pre-tax profit was set to come in higher than previous expectations. AJ Bell analyst Russ Mould said: “A lot can happen …

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