Summary
SHARES surged today as [pounds]13 billion of actual and rumoured takeover deals hit the City and the bailout of Freddie Mac and Fannie Mae in the US looked to be a success.
As well as the Santander/A& L deal, giant London listed miner Kazakhmys admitted it was in talks to merge with Russia's Metalloinvest a mining group controlled by Arsenal shareholder Alisher Usmanov. Such a deal would value Kazakhmys at more than [pounds]7 billion.See the full content of this document
Extract
Shares Surge As Takeover Frenzy Rules
Imperial Energy said it was in talks to be bought by ...
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