FTSE falls into negative territory

Fading hopes of a bidding battle for mobile phone operator O2 drove the FTSE 100 Index into negative territory today.

FTSE falls into negative territory
Wed, 02 Nov, 2005 - 12:42

Fading hopes of a bidding battle for mobile phone operator O2 drove the FTSE 100 Index into negative territory today.

Investors reacted glumly to news that German firm Deutsche Telekom was not planning a counter bid to rival the £17.7 billion takeover of O2 by Telefonica.

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