Pennon Pours Cold Water On Takeover Talk
Evening Standard - London › June 01, 2007
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Summary
THE bosses of South-West water supplier Pennon were today doing their best to dampen down takeover speculation, despite posting bumper profits.
The shares fell 121/ 2p to 672p after Pennon said it knew of no reason for the rise in the share price, which has surged more than 60% during the past year.See the full content of this document
Extract
Pennon Pours Cold Water On Takeover Talk
Broker Evolution Securities reckons Pennon is a prime bid candidate with its water and waste interests attracting various suitors.
Broker UBS is on record as saying Pennons waste ...See the full content of this document
