FTSE 250 movers: ITV surges on bid talk; Hochschild slips

(Sharecast News) - FTSE 250 (MCX) 20,630.15 0.24% Shares in ITV surged on Monday following a report over the weekend that potential suitors have begun circling the broadcaster again after a prolonged period of share price weakness and renewed questions about its long-term strategic destiny.

According to Sky News, a number of possible bidders for parts or all of the company, whose biggest shows include Love Island, have in recent weeks held early-stage discussions about teaming up to pursue a potential transaction.

TV industry sources told Sky that CVC Capital Partners and a major European broadcaster - thought to be France's Groupe TF1 - were among those which had been starting to study the merits of a potential offer.

Hochschild Mining led the fallers, down 3.3%.

Market Movers

FTSE 250 - Risers

ITV (ITV) 72.00p 9.92% Ocado Group (OCDO) 328.50p 7.32% Close Brothers Group (CBG) 210.40p 4.99% XPS Pensions Group (XPS) 370.00p 4.52% Aston Martin Lagonda Global Holdings (AML) 110.20p 4.26% Dr. Martens (DOCS) 58.50p 3.72% CMC Markets (CMCX) 272.50p 3.22% Just Group (JUST) 145.60p 3.12% Baillie Gifford US Growth Trust (USA) 267.50p 2.88% Me Group International (MEGP) 220.50p 2.80%

FTSE 250 - Fallers

Hochschild Mining (HOC) 216.50p -3.35% Dunelm Group (DNLM) 1,125.00p -2.51% Investec (INVP) 580.00p -2.27% Foresight Environmental Infrastructure Limited (FGEN) 74.20p -2.11% Pets at Home Group (PETS) 274.60p -1.93% International Workplace Group (IWG) 163.80p -1.80% Hilton Food Group (HFG) 904.00p -1.74% 4Imprint Group (FOUR) 4,960.00p -1.59% Endeavour Mining (EDV) 1,568.00p -1.57% AJ Bell (AJB) 461.50p -1.49%