Northgate has not received any bid approach -source

Newswire

LONDON, June 17 (Reuters) - Britain's Northgate has not received any bid approaches, a source close to the company said on Thursday, playing down talk that GE Capital might be about to bid for the commercial vehicle hire company. Shares in Northgate hit an all-time high of 695 pence earlier in the session on hopes that GE Capital might bid 800 pence a share for the company. But the stock fell back to 665p, up two percent, by 0951 GMT after the source said the group had not been in touch ...

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