Takeover rumours hike up Kingfisher shares

The Kingfisher share price has put on a vigorous spurt at the beginning of December. At the moment (5 December 2003) it is valued at 293 p (€ 4.18) on the London Stock Exchange, or about 16 p (€ 2.30) more than at the beginning of the week. The increase is explained by rumours about an alleged offer from Home Depot.