Novae closes above Axis offer price

Novae's shares overshot the agreed price of its sale to Axis
Capital, suggesting that the market believes a rival bid is
possible.The London-listed carrier's stock closed up 129 pence, or
22.2 percent, at 710.5 pence. That's 1.5 percent higher than
the 700 pence-per-share value of the Axis takeover, which itself
represented a 20.4 percent premium to Novae's closing price
yesterday.Axis announced last night that it hadstruck a deal to acquire Novae for £467.6mn ($604.4mn),
equivalent to 1.5