O2 takeover talks push FTSE down a fraction

Mobile firm, O2 leads the fall down 3p to 146.5p, after reported £14bn bid for the firm by Deutsche Telekom and KPN was put on ice, as the two bidders failed to reach agreement on the structure of a combined offer. O2 denies any such bid ever existed. Sugar firm Tate & Lyle has slipped 7.25p to 457.75p, after announcing its presence into the flavoured water market through its launch of two new products as part of its Rebalance range. Mining firm Xstrata meanwhile picked up as much as 79p or 6% to 1352p. The copper specialist agreed to purchase a 19.9% stake in nickel producing Falconbri...