Galiform Builds On Bid Rumours ; Market Report

Summary


SOMETHING could be cooking at Galiform. Hungry punters certainly thought so as they gorged themselves on shares of the kitchen cabinet manufacturer, sending them 3.45p higher to 75.3p.

Speculation persists that Britain's biggest builders' merchant and Wickes DIY retailer Travis Perkins (351/2p better at 8011/2p) is lining up a mouthwatering takeover bid.

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Extract


Galiform Builds On Bid Rumours ; Market Report

Galiform trades as Howdens Joinery and has 450 depots in the UK and several in France. Broker Noble recently highlighted the group as a major recovery play in the retail sector, believing it is geared ...

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