Northgate soars on talk GE Capital planning bid

Newswire

LONDON, June 17 (Reuters) - Shares in Britain's Northgate jumped to an all-time high on Thursday as analysts reported speculation that GE Capital was planning a bid for the commercial vehicle hire company. "In late trading yesterday we heard rumours that GE Capital were planning a bid of 800p per share in Northgate. We have no idea if the rumour has any substance, but GE has always been the most obvious buyer," Arbuthnot analysts wrote in a research note. Northgate shares were up 5.1 ...

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