Hitt og þetta 8. febrúar 2006

MARKET TALK: Woolworths Up;Baugur Buying Behind Strength?

1638 GMT [Dow Jones] Woolworths (WLW.LN) closes +6.2% at 34.5p amid earlier talk the company is being eyed by WH Smith (SMWH.LN). However, a person close to the situation cites talk Baugur (BAUGUR.YY) is selling down its stake in French Connection (FCCN.LN) in order to buy Woolworth shares. Baugur declines to comment, as did WH Smith earlier. (PBA)

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(END) Dow Jones Newswires

February 07, 2006 11:38 ET (16:38 GMT)

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