JLT takeover talk scotched by analyst
Broker JLT has been tipped to report less than encouraging first half results next week, with prospect of it being taken over hampered by its pension deficit. The company recently held merger talks with rival Heath Lambert which came to nothing.
Market analyst Numis has downgraded the stock from Hold to Reduce. It said: "We expect [first half] earnings to be down on last year, mainly due to dollar attrition and a reduced contribution from the
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