Top shares reach highest level for 19 months

Leading shares reached their highest level in 19 months today as merger and takeover speculation gripped the London market.

Top shares reach highest level for 19 months

Leading shares reached their highest level in 19 months today as merger and takeover speculation gripped the London market.

Possible bids for mobile phone group mm02 and emerging markets bank Standard Chartered pushed the FTSE 100 Index up 9.3 points to 4524.3, the highest close since July 2002.

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