Friday, July 13, 2007

FTSE flirts with near 7-year highs on M&A activity

(Reuters) - Britain's top share index flirted near seven-year highs on Friday, as M&A activity in banks and miners boosted an index already buoyed by upbeat U.S. trading overnight.

Barclays was up 0.5 percent as it became the more likely suitor to take over ABN AMRO after the Dutch supreme court ruled the Dutch bank could go ahead with the sale of its LaSalle unit to Bank of America.


Read more at Reuters Africa

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