Takeover buzz steadies FTSE

Takeover news provided the main focus on the London market today following a spate of announcements from FTSE 100 and second-tier stocks.

Takeover buzz steadies FTSE
Mon, 06 Dec, 2010 - 12:32

Takeover news provided the main focus on the London market today following a spate of announcements from FTSE 100 and second-tier stocks.

Banknote printer De La Rue and outsourcing firm Mouchel raced higher as they confirmed approaches, while blue chip miner Rio Tinto was also in the spotlight after its £2.2bn (€2.6bn) approach for Australian firm Riversdale mining.

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