Ringtones specialist Monstermob said today its shareholders had voted in favour of a £34m (€51m) takeover by Spanish group LaNetro Zed, despite the promise of a higher rival offer from Chinese firm Linktone.

UK ringtones specialist Monstermob today urged shareholders to stick by Spanish rival LaNetro Zed’s takeover offer, despite receiving a higher bid from Chinese mobile phone services group Linktone.

Traders were still in the festive spirit today as drinks firms helped boost stocks during an upbeat return following the Christmas break.

The FTSE 100 Index added almost 1% during a buoyant return from the Christmas holiday today.