Pernod takeover deal boosts FTSE

Drinks giant Allied Domecq was leading London shares higher today as investors toasted a takeover by French group Pernod Ricard.

Thu, 21 Apr, 2005 - 12:35

Drinks giant Allied Domecq was leading London shares higher today as investors toasted a takeover by French group Pernod Ricard.

The stock was the highest FTSE 100 Index climber – up 3% or 20p to 663p - after saying it had agreed to the £7.4bn (€10.8bn) tie-up.

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CourtsBusinessHeathrowPlace: LondonPlace: AtlanticPlace: USPerson: William HillPerson: AvivaOrganisation: PernodOrganisation: Allied DomecqOrganisation: Pernod RicardOrganisation: FootsieOrganisation: Stanley LeisureOrganisation: Norwich UnionOrganisation: Old MutualOrganisation: WH SmithOrganisation: ColtOrganisation: DominoOrganisation: Persimmon
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