P524ORACLE 524 Mon10 Feb C4 1714:44
MEPC DENIES TALKS
ON TRAFALGAR MERGER
Property group MEPC has again denied
talking about a possible link up with
Trafalgar House.
The board reiterated a weekend
statement saying it wished to make it
clear that no discussions were taking
place about a merger.
Trafalgar made pre-tax profits of more
than £140m last year and is thought to
be ready to launch a major takeover.
MEPC is currently valued in excess of
£717m.
City headlines 500 Newsfile 520
* HAVE A HOLIDAY * 580