Monday, April 23, 2007

FTSE ticks down as Barclays, AstraZeneca weigh

(Reuters) - Britain's top share index ticked down early on Monday, after Barclays agreed to buy ABN AMRO for $91 billion and investors turned negative to a U.S. acquisition by AstraZeneca.

Barclays slipped 2.4 percent to top the FTSE 100 losers as traders said the UK bank was no longer a bid target after its takeover of ABN and the deal was fairly priced.


Read more at Reuters Africa

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