Corus Shares Are Singing As Money Men Smell Takeover Profits ; Market Report

Summary


A flurry of takeover activity boosted optimism in London as the FTSE 100 Index soared to levels not seen for more than four years.

A proposed merger between the world's two largest steel companies grabbed the headlines and sent Corus shares flying in the second tier, while trading in ports and ferries firm P&O and gases giant BOC were boosted by ongoing interest.

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Corus Shares Are Singing As Money Men Smell Takeover Profits ; Market Report

The mood sent shares in the Footsie up 64.2 points to 5786.8 - its highest level s...

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