Shares in cost processor Worldpay jumped by 27.7% after it stated it had acquired takeover approaches.
Following stories that it could possibly be a bid goal, Worldpay confirmed it had been approached by each Vantiv and JPMorgan Chase Financial institution.
Regardless of the leap in Worldpay shares, the FTSE 100 index closed down 19.86 factors at 7,357.23 by late morning.
Shares in Sainsbury’s rose zero.three% after its latest sales figures got here in barely forward of expectations.
The UK’s second largest grocery store chain – which additionally owns Argos – stated like-for-like gross sales excluding petrol rose 2.three% within the sixteen weeks to 1 July.
Outdoors the FTSE one hundred index, shares in Creativeness Applied sciences rose 9.four% after the corporate – which is up on the market and in dispute with Apple, its largest buyer – stated it had returned to revenue.
The corporate reported a £2.4m pre-tax revenue for 12 months to 30 April, in contrast with a £29.4m loss within the earlier yr. Revenues rose 19% to £one hundred forty five.2m.
On the foreign money markets, the pound was down zero.17% towards the greenback at $1.2918 and was flat towards the euro at 1.1386 euros.
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