Torygraph: BA shares jump on Emirates bid rumour
British Airways shares were one of the biggest gainers on the stock market this morning despite Emirates, the largest Arab airline, denying rumors among London stock market traders that it is planning a bid for the UK carrier. BA shares jumped 16½ to 354¾p which helped the FTSE 100 index rise 49.1 in early morning trade to 5555.9.
Maurice Flanagan, vice chairman of Emirates, told Bloomberg: "We have plenty of other things to be doing." The company, which is owned by the Dubai government, is "absolutely not" interested, he said.....