Better bid for Shires gives FTSE a lift

Shire was the biggest riser on the FTSE 100 after Japan's Takeda tabled another offer for the pharmaceutical giant ahead of a deadline to reach a takeover deal.
Helen Cahill


THE FTSE 100 rose yesterday, supported by Shire's shares as the company received a revised takeover proposal from Takeda. London's blue-chip index closed the day up 0.36 per cent or 26.53 points at 7[...]

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