Friends lead London market

Life insurer Friends Provident led the London market today amid trader talk of a potential bid for the company.

Fri, 20 Jul, 2007 - 13:40

Life insurer Friends Provident led the London market today amid trader talk of a potential bid for the company.

The insurer made gains of nearly 4%, or 6.7p, to 185.5p as speculation over a possible offer from French rival AXA or a private equity buyer lifted the stock.

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