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One of the largest shareholders of Chaucer, Pamplona Capital Management, can also be a seller in June, he withdrew his application to the Financial Services Authority to increase its stake in the company. Pamplona is managed by the Russian donor Alex Knaster.

However, people familiar with the question said Goldman Sachs and GPT are not in the resumption of the talks at this time and that
the gossip of redemption is "broad of the whimsical" closed .Chaucer 48?p 1.

Overall, the FTSE 100 throw 20.13 points to 5727.21, while the FTSE 250 lost points 10882.66 19.34.

Africa Barrick Gold has been the biggest loser after what he said he found blue chip index "organized and systematic" flight fuel one of its factories in Tanzania. This has forced the company to reduce its production goals on the horizon 2010.Afrique Barrick Gold slumped 59?-564 p.

Banks remain under pressure. Barclays derived p 12-279.9 noble run downgraded to "hold" to "buy" stock. " Even if a capital reduction is the price to some extent, that this is unlikely to be thrown until there is more clarity on any "complete UK" and addresses the Bank his position of Basel 3 capital structure.?

Elsewhere in the sector, Lloyd's Banking Group fell 2.1 to 70.4% and Royal Bank of Scotland (RBS) lost 45.3 p.Toutefois 2.2 Credit Switzerland argued that none of the United Kingdom banks need to raise the cost of equity.Jonathan Pierce, an analyst at Credit Switzerland said: "in 2013...We believe the UK sector will have a ratio of tier 1 equity Basel 11pc 3. None of the banks will be
under 10pc on our calculations. This implies a continuation of the existing dividend policy.?

GlaxoSmithKlin was 16 per cent to ￡ 13.02 in the middle of the renewed rumours, made an offer of 72 CHF Swiss per unit for Actelion, Switzerland biopharmaceutical company.

There were, however, some confusion as to which Bank advises Actelion on his interviews with GlaxoSmithKline sales.Although Reuters claimed Credit Switzerland has aligned to work for Actelion, well-informed sources said the Bank advises the Bristol-Myers squib on a potential company suisse.Citigroup submission works also for Bristol-Myers squib while Ken Moelis that Moelis & co is said to work for Actelion on its strategic review shop.Meanwhile, Goldman Sachs, believes work for Roche a counter bid for Actelion potential.

On a more positive tack, Vodafone acquired 2.6 to 166?p to some comments positive broker.Improved Nomura Vodafone earnings per share by 5MC and 6pc.James Britton, an analyst at Nomura, said Verizon will not sanction a payment of full dividend without a change in the structure of the joint venture, but any resolution will result in a change of Vodafone and a dividend of sinistral material (less than 12% versus the current 8.3% 2013) progressive cash.

Bank Berenberg also pointed out that most probable development in the relationship of Vodafone with Verizon Wireless is the resumption of a higher payment of dividend, probably in the year 2013 Vodafone.

Johnson Matthey, manufacturer of catalytic converters, then up to 50 per cent to ￡ 18.92 after RBS raised his price target to ￡ 20.00.Pieter Zwinkels, RBS, analyst said: "" we anticipate Johnson Matthey on behalf of the automotive market recovery catalyst and its strong market share in heavy motor diesel.En addition, RBS expects strong Platinum Award in 2011 - 13 ""

Base metal mining stocks, Rio Tinto has moved 96? higher at ￡ 41.34 response to a strong third quarter production report.Xstrata also rose 42 percent to ￡ 13.42.

Hochschild Mining advanced 19.2 to 507 p despite the fact that Citigroup said she feared on the prospects for the market money .Jon H Bergtheil, an analyst at Citigroup, said: "we believe that 95pc price move money for two months was due to the weakness of the dollar.Nous are concerned that any of its current lows the dollar bounce could have a very negative impact on the price of the share of the Hochschild".

Petropavlovsk slipped 7 p to ￡ 10.27 as Credit Switzerland cut its price target to ￡ 13.40 of ￡ 15.40.Le Credit Switzerland, however, has reiterated his "outperform" rating and said "see us towards gold actions rather than gold itself, particularly in enterprises capable of transmitting the growth in the short term.

JD Wetherspoon lights 17.3 to 437.4 p after the group said Keith Down, its chief financial officer and Paul Harbottle
chief operating are all two leaves the company.

United Business Media acquired 10-630?p RBS issued an optimistic note on society.

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