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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/ftse-edges-ahead-on-takeover-talks.jpg"><img class="alignnone size-full" title="The FTSE 100 Index closed up 24.96 points at 5770.3" src="http://londonglossy.com/wp-content/uploads/2010/12/min-ftse-edges-ahead-on-takeover-talks.jpg" alt="The FTSE 100 Index closed up 24.96 points at 5770.3"/></a></p>
<p>The market has edged forward as takeover talk provided the main focus on an otherwise slow day for traders.</p>
<p>Banknote printer De La Rue surged 32% as its French suitor confirmed it was behind a near-£900 million approach for the troubled firm, while blue chip miner Rio Tinto was also in the spotlight after its £2.2 billion approach for Australian firm Riversdale mining.</p>
<p>The Footsie rose 24.96 points to 5770.3 amid the takeover excitement, despite early losses on the Dow Jones Industrial Average in America.</p>
<p>US stocks fell after Federal Reserve bank chairman Ben Bernanke hinted that a third round of quantitative easing may be needed to keep America&#8217;s recovery on track. He said in an interview on Sunday night that the US economy was still struggling to become &#8220;self-sustaining&#8221;.</p>
<p>Disappointing US payrolls data on Friday has added to concerns over the recovery.</p>
<p>The pound was up against a weakened euro at 1.18, as concerns in the eurozone over the debt crisis continued. Sterling was down against the dollar at 1.56.</p>
<p>In London, investor attention was set firmly on takeover developments in the Footsie and second tier.</p>
<p>FTSE 100 listed miner Rio Tinto has sparked a potential bid battle for Riversdale after it was flushed out as a suitor, with Rio&#8217;s shares lifting 40.5p to 4456p.</p>
<p>However, much of the focus was outside the blue chip index with De La Rue top of the FTSE 250 risers board &#8211; up 193.5p to 841p &#8211; after it confirmed an &#8220;opportunistic&#8221; approach.</p>
<p>French rival Oberthur Technologies later revealed it was De La Rue&#8217;s suitor.</p>
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