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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: blue-chip shares close down 1%, Hotel Chocolat and City Pub in takeover deals

Dealmaking action returned to the Square Mile today as Hotel Chocolat and City Pub Group revealed takeover agreements.

The flow of corporate updates also continued, with Burberry among the stocks struggling after its warning about weakening demand in the luxury goods sector.

Investors also heard from the Royal Mail owner IDS, CMC Markets and Premier Foods.

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