Shares in Wolverhampton & Dudley Breweries rose 16p to £15.53 in the face of persistent takeover speculation. Punch Taverns is rumoured to be interested in the company, having replenished its war chest after acquiring Mill House Inns and Spirit Group. Greene King is another potential suitor. Any buyer would need to offer about £20 per share, valuing Wolves at more than £1.5bn, or £2.4bn including debt. The Daily Telegraph 11/11/06 page 16 (The Market) The Times 11/11/06 page 61 (Small Caps, Business) The Guardian 11/11/06 page 41 (Market Forces)