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C&W bid talk sees shares in Thus soar

Shares in Thus yesterday leapt almost 26% after news broke that Cable & Wireless was back at the gates of the Glasgow-based alternative telecoms group and was poised to launch an audacious takeover move on the smaller Scottish rival.

Shares in Thus yesterday leapt almost 26% after news broke that Cable & Wireless was back at the gates of the Glasgow-based alternative telecoms group and was poised to launch an audacious takeover move on the smaller Scottish rival.