Barratt shares up on takeover speculation
Shares in Barratt Developments rose 6% today on the back of rumours that fellow housebuilder Persimmon is considering a takeover bid for the group, according to traders.
City traders believe Persimmon could make a bid at 170p a share. However, both housebuilders declined to comment on the speculation.
The speculation mounted after traders said over 19.6 million [...]