Thursday, April 12, 2007

U.K. FTSE 100 Index Drops, Led by FirstGroup, Sainsbury; SABMiller Climbs

(Bloomberg) -- U.K. stocks fell, led by train operators including FirstGroup Plc after the Times newspaper said the government may consider bringing train services and rail tracks back under state control.

J Sainsbury Plc declined for a third day after CVC Capital Partners Ltd. yesterday scrapped a 10 billion-pound ($19.7 billion) offer for the supermarket chain. SABMiller Plc gained as the brewer of Pilsner Urquell reported rising sales of beer.


Read more at Bloomberg Stocks News

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