Aegis Takes a Tumble As Suitor List Shrinks to One

Summary


MARKET REPORT

SHARES of UK media and marketing services specialist Aegis were on the slide today, trading 6p cheaper at 1261/2p as City speculators took the view that its bid premium had started to shrink.

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Extract


Aegis Takes a Tumble As Suitor List Shrinks to One

French rival Publicis decided against proceeding with its Pounds 1.57 billion bid for Aegis on Friday, saying it would not be in the best interests of its own shareholders.

Publicis chief executive ...

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