Private equity firms are rumoured to be circling UK-listed engineering company Bodycote, which saw its share price rise by another 2.6% to 274.5p in early trading on Wednesday.
Bodycote now has a market cap of £883.5m (€1.3bn) after market reports that buyout firms Apax and possibly The Carlyle Group were circling the company. However, the company has told Reuters that it was not in talks with any firm.