Wednesday, April 25, 2007

UK stocks rebound on RBS ABN AMRO bid, Sainsbury

(Reuters) - Britain's top share index rose on Wednesday, led by financials after a consortium led by Royal Bank of Scotland (RBS) unveiled a proposed 72-billion-euro counterbid for ABN AMRO.

At 0806 GMT, the FTSE 100 index was up 0.5 percent, with banking stocks adding more than 3 points to the overall index.


Read more at Reuters Africa

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