Footsie builds on gains

Takeover activity continued to set pulses racing in London today as the FTSE 100 Index consolidated its position above the 4900 barrier.

Footsie builds on gains

Takeover activity continued to set pulses racing in London today as the FTSE 100 Index consolidated its position above the 4900 barrier.

Mining group Xstrata topped the charts after raising its offer for Australian rival WMC Resources, while bid news also helped ports operator Mersey Docks and foam maker British Vita to make strides in the second tier.

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