Footsie continues to fall

Telecoms giant Cable & Wireless led the FTSE 100 Index lower today as investors gave a lukewarm reception to its acquisition of Energis.

Footsie continues to fall
Tue, 16 Aug, 2005 - 12:33

Telecoms giant Cable & Wireless led the FTSE 100 Index lower today as investors gave a lukewarm reception to its acquisition of Energis.

The deal worth an initial £594 million made the stock the heaviest blue-chip faller, off 5% or 8.75p to 154.25p by mid-morning.

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