Aegis shares leap on back of takeover speculation

Shares in Aegis leapt by more than 20% following the sudden departure of chief executive Robert Lerwill yesterday, driven by the expectation that his exit will pave the way for a takeover by French rival Havas. Aegis shares rose by 19% to 59p on the news yesterday, broken first by Brand Republic, and were up by 6.36% to 62.75p at 9.21am today.

by Campaign India Team