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The US venture capital firmed disclosed this week it controls 10

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The US venture capital firmed disclosed this week it controls 10.3 per cent of Thus.Among small caps, Integrated Asset Management rose 4p to 56.5p after the tiny hedge funds group made a series of well-received presentations to institutional investors in the Square Mile. It set a 165p price target on the stock.Shire Pharmaceuticals fell 2p to 556.5p as the company was heard warning analysts that its Adderall XR product for hyperactive children might face competition from a new copycat rival by October. Oxford BioMedica rose 1.75p to 31.75p after the biotech group said it would present new trial data for its TroVax cancer treatment to the American Society of Clinical Oncology at the weekend.Sportingbet fell 11p to 263.5p, in heavy volume, on worry that growing competition from rival online gaming sites will soon start to eat into earnings at the group Retailers recovered some lost ground. Most analysts expect the first rival launch to happen in the middle of next year. Regus was back on traders' buy lists yesterday as rumours of a 135p-a-share bid for the office space group circled City dealing rooms. As for who is likely to be interested in the company, market professionals offered the names of financial players who might be tempted to pounce on the group. Among them were the US private equity giants Blackstone, Kohlberg Kravis Roberts, and GE Capital. Speculation of a bid for Regus is by no means new.

Last month the talk pushed shares in the office space group to a high of 124p. But they retreated quickly from this peak, the main reason for the drop being the fact that the financier Robert Bonnier has been forced to reduce his substantial stake in the group after struggling to pay margin payments on his position. Mr Bonnier holds his stake in Regus via contracts for difference, a derivative which allows punters to gain significant exposure to a company's shares with a relatively small outlay of cash. Regus shares closed up 9.5p at 101.5pIn the FTSE 100, which rose 17 points to 4,893, ITV was in demand thanks to positive comments from UBS.

Repeating its "buy" stance on the broadcaster, UBS played down worries about an advertising slowdown in the UK and reminded investors the company will be a major beneficiary from the migration to digital TV. This is a shame, both for him and the City, for the Labour supporting peer was a pretty good chief executive.j.warner independent.co.uk. Nobody else could have thought the unprecedented scale of the vote against the remuneration report a high note.Lord Hollick reckons he earned every penny in finding his successor as chief executive, David Levin, and he refuses to waive his contractual right to the money. The chief culprits, it might be thought, are the chairman and the remuneration committee, the ones who agreed this quite bizarre going-away present.But it will be Lord Hollick who will be remembered for it, and he thereby joins the ranks of City untouchables, alongside Michael Green and Sir Peter Davis, blackballed for life from the chairmanship of any decently sized publicly quoted company. It has to be to service and pay-off the £550m of debt and quasi-debt Mr Glazer is taking on to buy the club. The mystery is that the world's best known football club was unable to attract an owner with deeper pockets, for Mr Glazer is no Roman Abramovich.He may know a little bit about sports clubs, but there is no open cheque book here to underwrite the club's continuing success in the game. They are both chancers, but whereas one can afford to splash out hundreds of millions in "money no object" bids for the world's greatest football talents, Mr Glazer will be rushing around the place turning out the lights just to save the odd copper.Still, if the fans don't like it, they can always back Manchester City instead.

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