Northgate Boosted by Bid Approach

Summary


Shares in van hire company Northgate jumped 20% yesterday after the Darlington plc confirmed it had received a bid approach.

The company, which runs a fleet of more than 50,000 vehicles, declined to name its suitor or the price under discussion.

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Extract


Northgate Boosted by Bid Approach

Rumours in the City over the past few days have centred on an approach at around 1,250p a share, wh...

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