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Barratt rumours lift shares

Shares in North East housing giant Barratt Developments soared on Wednesday amid City rumours that it could be set for a takeover bid.

The firm, which started life in Newcastle in 1958, saw its shares climb 5.8p to 121.2p with reports from London suggesting that speculation is mounting over a possible takeover approach.

Rival Persimmon is rumoured to be a possible suitor.

This was posted in Bdaily's Members' News section by Ruth Mitchell .

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