Northumbrian chairman buys after bid talks end

A round-up of the biggest director deals today so far.

Northumbrian Water chairman Sir Derek Wanless has more than doubled his stake in the water utility four days after a bid approach was ended.

Last Friday, the Ontario Teachers' Pension Plan Board said it does not intend to bid for Northumbrian but it is retaining its 26.7% stake. There was talk of a bid worth £1.7bn, against the current market value of £1.4bn.

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