Financial Times FT.com

International Power and FTSE lose steam

ByBryce Elder

Published: July 28 2010 09:27 | Last updated: July 28 2010 20:21

International Power slipped from its highest level in nearly two years as the FTSE 100 went into reverse.

The stock lost 3 per cent to 358½p as HSBC analysts said terms of the proposed reverse takeover by GDF Suez may disappoint. The companies said this month they were in talks to combine assets.

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