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Snap news

The latest on Monday,

- France Telecom crashs out of bid talks for TeliaSonera, says “unable to reach agreement on its financial conditions.” – Reuters

- Taylor Wimpey confirms it is looking at a placing and open offer; £660m of writedowns coming; banking covenants relaxed – statement

-  Cable & Wireless updates on Thus – talks on 180p-a-share cash offer, Monday’s 5pm deadline for firm bid remains in place – statement
- Informa releases pre-close statement: trading as per May’s interim management statement; no further news on bid talks – statement

- Trading said to be fine at Evolution – statement

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