The FTSE 100 index closed just a fraction over the 4800 mark this afternoon, after brewer SABMiller revealed it was looking at at new acquisition.
The UK's blue chip benchmark ended the day 17.5 points lower at 4,800.8 points, while SABMiller has shed 21.5p to 809p as it is reported to have put in an offer to purchase Bavaria Business Group, South America's second-biggest brewer. Old Mutual and Royal & Sun Alliance Insurance also lost out today, declining 2.75p to 126.25p and 1.75p to 84.50p respectively. At the positive end of the scale, building Group Wolseley added 28p to 1070p, while publisher Emap jumped 19.5p to 854.50p. In the US, the Dow Jones has picked up from its miserable run testerday. The benchmark has so far she...
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