Much recent takeover speculation has been centred on the technology sector, but a new whisper doing the rounds has put Centrica in the picture for a bid.
The British Gas owner is up 4.4p at 313.1p on vague talk of possible interest from the Qataris, with a price of 450p to 480p mentioned. This is not a new thought, but it comes a couple of days after the business issued a disappointing trading update. It warned the coalition's tax on north sea oil and gas production would hit profits, and its shares subdsequently slid to a nine-month low.
However dealers were cautious about the tale. In March there was some talk of a possible bid from Spain's Iberdrola, which bought Scottish Power in 2007. There was also speculation about Qatari intentions, but it was more along the lines of its sovereign wealth fund perhaps taking a stake in Centrica.
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