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Birmingham Post
Birmingham Post
Business
Jon Robinson

Is AO at risk of a takeover bid? The future facing electricals giant according to City analysts

Online electricals giant AO has endured a turbulent last couple of years.

The Bolton-headquartered company experienced a boom during the first year of the Covid-19 pandemic, with sales rising while its share price surged to record levels.

AO's shares jumped from just under 70p a few days before the first UK lockdown and peaked at 429p on January 2, 2021.

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