Pound gives up gains as Bank raises growth forecast
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John Laing, one of Britainâs best-known infrastructure firms, surged to the top of the
FTSE 250 after it confirmed it was in talks with US buyout firm KKR over a possible takeover.
The group jumped almost 20pc, or 62.2p to 379.8p â back to its highest level since January 2020 â after it revealed that the New York-based private equity firm had until June 3 to make an offer. It said there is no certainty a firm offer will be made by KKR, which had $349bn (£251bn) in assets under management as of April.
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