LONDON Nov 27 Shares in British aerospace group BAE
Systems rose sharply on Tuesday, with four traders
citing market speculation of interest in the company from U.S.
group Lockheed Martin.
"Vague rumours that Lockheed is showing interest," one
trader wrote in an Email.
BAE shares were up by 2.8 percent at 320.80 pence in early
afternoon trade, second-top riser on a 0.5 percent higher FTSE
Traded volume in the stock was 40 percent of its 90-day
daily average, against 33 percent for the FTSE 100.
In October, merger talks between BAE and European aerospace
group EADS collapsed.
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