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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: London shares close in negative territory, pharma firm Ergomed in £700m takeover

London’s FTSE 100 index has made a strong start to the week, with China-sensitive stocks at the forefront of the buying.

The momentum came as China’s latest property support measures led to a surge of more than 2% for the Hang Seng index.

Private equity giant Permira’s £703 million deal to buy life sciences firm Ergomed is one of the day’s other major developments.

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