Springwood has reignited rumours on a takeover attempt for Kingfisher Leisure.

Springwood boosted its stake from 19.6% to 26.7%.

The nightclub operator withdrew an offer almost a year ago of 103p a share after doubts over the quality of the estate.

Kingfisher insiders claimed a new offer would have to be at least as high as the previous one, and in cash, now that all issues had been addressed.

The Times 10/03/01 page 51 (Stock Market)

The Daily Telegraph 10/03/01 page 30 (themarket)

The Independent 10/03/01 page 22 (Market Movers)