Hotels and leisure boost FTSE

Hotel and leisure stocks helped buoy the London market today after a multi-billion pound takeover deal in the industry drew investors to the sector.

Hotels and leisure boost FTSE
Wed, 04 Jul, 2007 - 12:26

Hotel and leisure stocks helped buoy the London market today after a multi-billion pound takeover deal in the industry drew investors to the sector.

InterContinental Hotels Group and Premier Inn owner Whitbread were the biggest gainers following news that Hilton Hotels Corporation had accepted a £10bn takeover offer from US private equity giant Blackstone.

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