Every sector in London was either flat or in the red on Wednesday afternoon as concerns about the global economy - following downgrades to growth forecasts from the OECD - sparked a market-wide sell-off. [29 May '13]
Strong gains in the utilities sector after a takeover approach for Severn Trent and some well-received results from Babcock International weren't enough to lift markets into positive territory by Tuesday lunchtime, as the FTSE 100 snapped an eight-day winning streak. [14 May '13]
According to The Times, Severn Trent could be the target of a bid worth up to 5.3bn pounds. The utility company is said to be in talks with Canadian infrastructure investors Borealis and the Kuwait Investment Authoirty [14 May '13]
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