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Erinaceous shares up as it confirms talks continue

Erinaceous Group has confirmed it remains in takeover talks ahead of its Annual General Meeting today. However, the company has yet to name any prospective bidders. The property and boking group has seen its share price rise 18 pence today to 235 pence at 11:30am on speculation HBOS is set to outline its intention to buy the company today.

In a statement Erinaceous said that at its AGM the group's chairman, Nigel Turnbull, is expected to tell shareholders: "As the group announced in April we have received preliminary approaches which

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