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Company News

BUZZ-Just Group: Possible bid target, Panmure says

LONDON, March 22 (Reuters) - ** Just Group 2nd gainer in FTSE 250, after Panmure Gordon analyst Barrie Cornes sees firm as possible bid target

** Overseas insurer such as Canada Life could find the company attractive, Cornes says in a note

** Just shares slid after firm announced discounted share placement last week, hit record lows on Thursday

** The specialist life insurer is facing tougher capital rules

** Shares up 3.3 pct at 70.95 pence at 1330 GMT

** The company declined to comment on the note

Reporting by Carolyn Cohn

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