FTSE 100 movers: Unilever's Greek buy

28th Sep 2010 14:35

Unilever has followed up yesterday's £2.3bn acquisition of US-based Alberto Culver with a more modest deal to buy Greek company EVGA's ice cream brands. The brands include Scandal, Variete and Karabola. Unilever will also buy the distribution network but EVGA will continue to manufacture the ice cream for the brands. EVGA's ice cream turnover in 2009 was €32m. Accounting software supplier Sage continues to move higher on bid rumours. Capgemini has been suggested as a potential bidder. Xstrata has moved nearer to completing the acquisition of Sphere Minerals following regulatory approval in Mauritania. Hedge fund manager Man is in the dog-house after its glum pre-close trading update. First half profits will fall by a fifth to $215m as performance fees dwindled after a tough six months for its flagship AHL fund. Funds under management are $39.5bn.RBS is lower after it announced plans to cut 500 jobs. FTSE 100 - RisersSage Group (SGE) 272.90p +2.48%Prudential (PRU) 630.50p +2.44%Essar Energy (ESSR) 448.00p +2.17%Resolution (RSL) 240.00p +1.74%Compass Group (CPG) 547.50p +1.67%Xstrata (XTA) 1,239.00p +1.52%Unilever (ULVR) 1,839.00p +1.27%Next (NXT) 2,228.00p +1.27%Shire Plc (SHP) 1,475.00p +1.17%Invensys (ISYS) 297.80p +1.15%FTSE 100 - FallersBAE Systems (BA.) 338.40p -2.31%Man Group (EMG) 214.80p -2.05%African Barrick Gold (ABG) 569.00p -1.64%Hammerson (HMSO) 397.20p -1.59%ARM Holdings (ARM) 404.70p -1.17%Royal Bank of Scotland Group (RBS) 48.25p -1.15%SABMiller (SAB) 1,994.50p -0.92%WPP Group (WPP) 713.50p -0.90%Wolseley (WOS) 1,508.00p -0.79%British American Tobacco (BATS) 2,377.00p -0.75%