London Market Report
- 20 June 2014
- From the section Business
(Close): Drugmaker Shire was the biggest riser on the London stock market after a much-anticipated hostile bid from a rival finally emerged.
Its share price soared by 17% after US company AbbVie said it had made a bid approach which Shire's board had rejected.
That helped push the benchmark FTSE 100 index up 17 points, or 0.25%, to 6,825.20.
One of the biggest losers was energy firm BG Group, which fell 1.63%.