Footsie loses ground on back of Woolworths news

Disappointment at the collapse of a proposed bid for Woolworths reflected the mood of the rest of the London market today.

Footsie loses ground on back of Woolworths news
Thu, 14 Apr, 2005 - 12:30

Disappointment at the collapse of a proposed bid for Woolworths reflected the mood of the rest of the London market today.

Shares in the high street retailer plunged 30% after private equity firm Apax Partners said it was pulling out of takeover talks.

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