Deal Doubt Sparks Slump

Summary


Strong gains for the FTSE 100 Index were eroded late in the trading session as investors started to play down talk of a takeover of Sainsbury's.

The supermarket chain had led the way for blue-chip companies for much of the day but slipped back as the Footsie closed just 7 points higher yesterday at 4545.

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Extract


Deal Doubt Sparks Slump

Sainsbury's ended the day 6p up at 283p a...

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