Published at 08:18 (GMT) 01 Oct 

Fx Market Alerts

A NOK17.2bn cash bid for Norway's Tandberg has come from out of theblue, and at just an 11% premium over yesterday's close we suspect maynot be a shoo-in just yet, Tandberg shares have already jumped to justover the offer price of NOK153.5 in the hope of an increased offer, butwith the NOK likely a lot firmer than when Cisco first contemplated abid, it's likely going to cost more in USD terms than originallyplanned. PB