British Energy fails to keep FTSE out of red

Fresh bid talk over British Energy failed to keep the London market out of the red today ahead of interest rate decisions from central banks.

British Energy fails to keep FTSE out of red
Thu, 10 Apr, 2008 - 12:21

Fresh bid talk over British Energy failed to keep the London market out of the red today ahead of interest rate decisions from central banks.

Shares in the power generation firm surged more than 4% or 32p to 733.5p on reports of an ÂŁ11 billion approach from German power firm RWE, propelling the company to the top of the FTSE 100 Index risers board.

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CourtsBusinessHeathrowPlace: LondonPlace: BePlace: AntofagastaPlace: USOrganisation: British EnergyOrganisation: FTSEOrganisation: RWEOrganisation: FootsieOrganisation: Bank of EnglandOrganisation: European Central BankOrganisation: CentricaOrganisation: ScottishOrganisation: Southern EnergyOrganisation: National GridOrganisation: BPOrganisation: BHP BillitonOrganisation: PC WorldOrganisation: DSG International
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