THE share price of the Warrington-based De Vere Group rose to a five-year high last week after more rumours of a bid for the company.

The company operates the De Vere Whites Hotel, which is part of Bolton Wanderers' Reebok Stadium.

But neither De Vere nor the supposed bidder, Whitbread, were talking about a bid as spokesmen for both companies would only offer a "no comment" to inquiries.

The De Vere Whites Hotel was built as part of the Reebok Stadium development at Horwich at a cost of £13 million.