EcoSecurities:

The carbon credits group looked set to become the subject of a bidding war after it received its second takeover approach in four days. EDF Trading, the trading unit of the French energy group , said that it was considering making an offer of 75p per share. On Friday, Guanabara, a group fronted by Pedro Moura Costa, one of EcoSecurities founders, said that it was weighing up a 60p-a-share bid.