UK's Gamma Communications jumps on report of rival Waterland bid
BUZZ-UK's Gamma Communications jumps on report of rival Waterland bid ** Shares of Gamma Communications GAMA.L up 2.1% at 1,180p
** Sunday Times reports over the weekend that Dutch private equity firm Waterland plans to make an offer for Gamma Communications
** According to the report, Waterland offer price exceeds the £1.08 bln ($1.46 bln) bid from Epiris
** Co suspends its share buyback and dividend programme
** H1 revenue jumps 4% to £330 mln
** Including session gains, GAMA shares up ~27.5% YTD
($1 = 0.7396 pounds)
(Reporting by Atharva Singh in Bengaluru)