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FTSE 100 movers: Telecoms shares rally on deal news; gold miners drop

November 22, 2021 Royal Mail 0

London’s FTSE 100 was up 0.5% at 7,257.43 in afternoon trade on Monday. Vodafone and BT Group rallied after private equity firm KKR made a $12bn takeover approach to Telecom Italia. Neil Wilson, chief market analyst at Markets.com, said: “There has been a lot of speculation about a possible takeover …

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