Financial Times FT.com

London markets rise on M&A activity

By Neil Hume and Robert Orr

Published: October 9 2007 09:19 | Last updated: October 9 2007 19:53

There was finally some interest in the under-performing property sector on Tuesday as rumours of a stake-building operation swept the market.

The focus of attention was British Land , which gained 5 per cent to £11.47 on talk that a Saudi investor was trying to amass a 5 per cent stake.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this