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Market Update : 
ICI Helps Limit European Losses
Author: Elena Todorova
123jump.com
Last Update: 2:37 PM EDT June 18 2007


European stock markets finished slightly lower on Monday, despite merger-and-acquisition activity, with Akzo Nobel and rival paint producer Imperial Chemical Industries in focus. ICI jumped 15.6% after rejecting a 600-pence takeover approach from Akzo Nobel whose shares dropped 1%. The German DAX 30 rose 0.1%, while the U.K.''s FTSE 100 lost 0.4%, and the French CAC 40 fell 0.3%.

 

 

 

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