Five-Year High for Fbd Stock

Daily MailApril 08, 2008

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Summary


SHARES in insurance group, FBD rocketed by more than 18pc at one stage on the Irish Stock Exchange yesterday despite efforts by the company to cool the market.

While the insurer confirmed that it has certainly received a preliminary take-over approach from privately-owned Dutch financial giant Eureko, it cautioned that it is far from certain that a deal will be hammered out or even a formal offer made.

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Five-Year High for Fbd Stock

The groups chief executive, Philip Fitzsimons, warned th...

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