Material technology boosts FTSE

A fresh wave of takeover speculation caused shares in materials technology firm Johnson Matthey to jump by more than 8% today.

Material technology boosts FTSE
Thu, 20 Dec, 2007 - 11:31

A fresh wave of takeover speculation caused shares in materials technology firm Johnson Matthey to jump by more than 8% today.

The blue-chip company is reportedly on the radar of Dow Chemical, lifting shares for a second successive session with a gain of 148p to 1891p.

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CourtsBusinessHeathrowPlace: UgandaPerson: Dave ForseyPerson: Bob MellorsOrganisation: FTSEOrganisation: Johnson MattheyOrganisation: Dow ChemicalOrganisation: ITVOrganisation: Competition CommissionOrganisation: BSkyBOrganisation: Royal Bank of ScotlandOrganisation: BarclaysOrganisation: Tullow OilOrganisation: Sports Direct InternationalOrganisation: Keller
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