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Woolworths share price soars 11%

Woolworths Group�s share price surged more than 20% at one point yesterday, after it rejected an offer from Iceland Foods founder Malcolm Walker for its retail division.

Woolworths Group's share price surged more than 20% at one point yesterday, after it rejected an offer from Iceland Foods founder Malcolm Walker for its retail division. The shares later closed 0.75p ahead at 3.375p -a gain on the day of 11% - in London dealing.