Takeover rumours spur FTSE to ten-point rise

Takeover speculation surrounding mining giant Rio Tinto helped keep the London market out of the red today.

Takeover rumours spur FTSE to ten-point rise

Takeover speculation surrounding mining giant Rio Tinto helped keep the London market out of the red today.

Reports that BHP Billiton was eyeing Rio Tinto as a possible takeover target put the FTSE 100 Index on the front foot, up 10.1 points at 6560.6 by mid-morning.

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