Cadbury Battle Prompts City Search for Next Takeover Target ; Market Round-Up [Edition 2]

Evening Standard - London (November 19, 2009)

Author: Mickey Clark

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Summary

THE Pounds 10 billion battle for control of Cadbury, 5p cheaper at 792 1/2p, is now warming up, but the City is looking around for the next Footsie 100 target.

Centrica continued to attract speculative support with the price climbing 3.4p to 260p. The word doing the rounds in the Square Mile yesterday claimed Russia's Gazprom was back in the frame and prepared to make an offer worth 400p, which would value the British Gas group at Pounds 20 billion.

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Cadbury Battle Prompts City Search for Next Takeover Target ; Market Round-Up [Edition 2]

Household products group Reckitt Benckiser also surged close to the top of the leaderboard with a jump of 97p to 3203p on talk it may want ...

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