Unilever shares dropped 7.0% and were the worst performer on the index. A report said the company was in talks with banks for additional financing to make a potential sweetened offer.
LONDON: London's FTSE ended higher on Monday, aided by healthcare stocks as GlaxoSmithKline jumped after rejecting a 50-billion-pound buyout offer for its consumer arm from Unilever, while energy and mining stocks also provided support.
The blue-chip FTSE 100 index gained 0.9% to record its highest closing in nearly two years, with miner Glencore and energy majors BP and Royal Dutch Shell among the biggest boosts to the index.
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