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Takeovers galore as Direct Line and Loungers join the M&A list, Royal Mail Kretinsky deal nears endgame, Ocado’s latest setback, Microsoft antitrust chatter and Dr Martens finally puts the right foot forward

“After a difficult few days, European markets had a spring in their step on Thursday,” says Dan Coatsworth, Investment Analyst at AJ Bell. “The FTSE 100 advanced 0.2% to 8,290, led by Admiral which jumped 3.5% on positive read-across from Aviva’s move on Direct Line. “It’s normal to see other …

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