Kesa takeover speculation powers up FTSE

The emergence of another potential high-profile takeover deal helped nudge the FTSE 100 Index closer to the 6,000 landmark today.

Kesa takeover speculation powers up FTSE
Tue, 14 Mar, 2006 - 11:41

The emergence of another potential high-profile takeover deal helped nudge the FTSE 100 Index closer to the 6,000 landmark today.

It was the turn of Comet owner Kesa in the spotlight as the retailer revealed it had rejected an approach worth £1.72bn (€2.5bn) from a private-equity firm.

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