Sub-prime fears weigh on FTSE

J Sainsbury dropped 2.11% to £5.32 on reports KKR, which is backing Stefano Pessina’s offer for Alliance Boots, may have too much on its plate to pursue its interest in the supermarket chain. Marks & Spencer fell 1.74% to £6.79 and DSG International declined 3.70% to £1.69. Alliance Boots rose 7.15% to £9.96 in response to the deputy chairman's unprecedented £10 per share offer on Friday. ICI added 5.44% to £4.89 on the back of speculation Akzo Nobel may be mulling an offer. Anglo American gained 1.70% to £25.09 after Merrill Lynch added the group to its Europe 1 List. Rio Tinto adv...