	woolworth underwoods fail to agree on bid underwoods plc said it had not been possible to agree terms on a bid to be made by woolworth holdings plc wluk l during talks the two companies had been holding exploratory discussions no spokesman for either company was immediately available to say why terms could not be agreed nor whether the possibility of a bid was now being abandoned last week underwoods shares rose p to p ahead of any announcement of the talks the announcement today brought them back down to p from last night s close at p woolworth was unchanged at p reuter 
