Analysts said the shares sales, by FB Baily Thomas Charitable Fund and the FB Baily Thomas Provident Fund, could prompt a pounds 250m battle for control.
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MANSFIELD BREWERY saw its share price soar to a 21-month high yesterday after plans for a large stock sell-off sparked speculation that the company could fall to a takeover. The board announced that it had been told by two charitable trusts owning 48 per cent of the company between them that they were considering selling their stakes.