Mixed fortunes on FTSE

Blue-chips Cadbury and International Power saw contrasting fortunes today with both firms under the takeover spotlight.

Mixed fortunes on FTSE
Mon, 18 Jan, 2010 - 18:18

Blue-chips Cadbury and International Power saw contrasting fortunes today with both firms under the takeover spotlight.

Cadbury shares passed 800p as investors bet on a higher offer from US giant Kraft tomorrow, but IP slid more than 3% as talks over a possible tie-up with France’s GDF-Suez ended.

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