Takeover Bid Raises Lastminute.com’s Shares

24th Jul 2003

Following a report of a proposed US takeover bid for Lastminute.com, this morning Lastminute shares were trading at a year high of 214 pence after breaking the 200 pence earlier in the week.
Meanwhile lastminute rival ebookers is also benefiting from the rumours - its shares soar from under £1 to over £4. Ebookers plans to triple its sales over two years through acquisitions and Lastminute reported its first quarterly profit, albeit before tax, goodwill and exceptional items.

Lastminute are currently unable to comment on market speculation


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