FTSE 250 movers: Logica soars 65 per cent on bid news
Posted on: 31 May 2012 by David Redford

Business consultancy Logica rocketed 65 per cent early on after news of an agreed bid from Canada’s CGI Group. Information technology and business process services provider CGI is offering 105p cash per Logica share, valuing the company at around 1.7bn pounds. ??

Heading the other way was car and bike parts retailer Halfords after it reported a 20% drop in full-year pre-tax profit, warning that retail sales in the 2013 fiscal year have so far been very disappointing.

FTSE 250 – Risers
Logica (LOG) 108.90p +65.75%
Northgate (NTG) 177.70p +5.77%
RPC Group (RPC) 391.30p +4.93%
Petra Diamonds Ltd.(DI) (PDL) 136.30p +4.52%
Ruspetro (RPO) 157.90p +4.22%
Berkeley Group Holdings (The) (BKG) 1,252.00p +4.16%
Hansteen Holdings (HSTN) 74.70p +3.89%
Perform Group (PER) 365.70p +3.72%
Henderson Group (HGG) 98.45p +3.14%
Fidessa Group (FDSA) 1,541.00p +3.01%

FTSE 250 – Fallers
Halfords Group (HFD) 243.40p -11.78%
Talvivaara Mining Company (TALV) 132.10p -4.69%
JD Sports Fashion (JD.) 675.00p -3.85%
Aquarius Platinum Ltd. (AQP) 74.10p -3.70%
Homeserve (HSV) 139.40p -3.46%
Bodycote (BOY) 379.90p -3.14%
Essar Energy (ESSR) 137.80p -2.82%
Fenner (FENR) 383.00p -2.42%
Phoenix Group Holdings (DI) (PHNX) 411.40p -2.28%
WH Smith (SMWH) 487.70p -2.11%

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