Corus takeover can't keep FTSE down

Corus, the anglo-dutch steelmaker is down 1.46% to 471.5p after announcing it had agreed to be taken over by Tata Steel in a deal worth £4.3bn or 455p a share, while Tata said it has requested the senior management of Corus Group to continue in their current roles. However a solid mining sector is pushing the FTSE higher with Kazakhmys up 1.96% to £12.51, closely followed by Rio Tinto which has climbed 1.57% to £28.39, while BHP Billiton has added 1.57% to £10.36. Pearson is also off to a good start with a rise of 1.8% to 791.5p, closely followed by Compass Group which has added 1.35% t...