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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Shares higher after US debt ceiling vote, Dechra backs £4.5bn takeover

London shares are enjoying a positive session after a vote in the US Senate ended recent uncertainty over a potential debt default.

Shares were also buoyed by better-than-expected employment data, which showed the US added 339,000 jobs in May, well ahead of the 190,000 predicted by analysts.

Meanwhile, vet products firm Dechra Pharmaceuticals has backed a £4.5 billion takeover offer led by Swedish private equity firm EQT.

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