Footsie continues to rise

A flurry of deal-making activity excited the London market today as the FTSE 100 Index continued its recovery towards the three-year highs seen last month.

A flurry of deal-making activity excited the London market today as the FTSE 100 Index continued its recovery towards the three-year highs seen last month.

Confirmation of a takeover approach for £3 billion-valued Exel and the intention by Cadbury Schweppes to sell its European drinks arm provided the main interest.

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