2,603.40p-66.60 (-2.49%)08 Dec 2021, 11:55
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Market report: Debenhams rebounds on Sports Direct bid, Ocado ripens on Australian deal

London’s FTSE 100 firms 29.4 points to 7,207 on Tuesday, the blue-chip benchmark bouncing back from two sessions of losses as exporters benefited from a weaker pound following MPs vote to take control of the Brexit process. Bombed-out department store operator Debenhams (DEB) rebounds 42% to 2.2p following ‘a possible offer’ from Mike Ashley’s Sports Direct (SPD) for the remaining ...

News in brief: 88 Energy, Tangent, Anglo American, Base Resources, All Leisure, Zoopla, S&U, Acal, Savannah

88 Energy in 633% rally Shares in Alaska-focused 88 Energy (88E:AIM) have increased by 633% in value to 2.66p since the start of February 2016 thanks to exploration success. ‘Icewine#1 is in the predicted sweetspot where the volatile oil window meets the gas condensate window,’ says managing director Dave Wall. (DC)   Takeover battle for Tangent A bidding war looks on the ...
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