Nuclear Deal Provides the Energy in Downbeat Session ; Share Prices Market Report

Summary

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The pounds 12.5 billion takeover of British Energy saw its shares shine yesterday in an otherwise lack lustre session for the London market.

French giant EDF's improved 774p a share offer for the nuclear power firm drove its stock up the risers' board, ending the day with gains of nearly five per cent, or 41p, to 765p.

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Nuclear Deal Provides the Energy in Downbeat Session ; Share Prices Market Report

But with losses for miners offsetting improved sentiment for banking stocks, the FTSE 100 Index closed down 40.6 po...

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