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The UK's FTSE 100 rose 0.3% to around 10,490 on Monday, supported by the oil & gas, telecom and miners. Shares in Ithaca Energy rose 2.8% to the top of the index after agreeing with Suncor to buy a portfolio of conventional offshore oil assets located in shallow waters off the East Coast of Newfoundland and Labrador, C
Ithaca Energy's shares rose 2.5% following an agreement to acquire offshore oil assets in Canada from Suncor Energy.
(06:01 GMT) *Ithaca Energy to Buy Portfolio of Offshore Oil Assets off East Coast of Newfoundland (06:02 GMT) *Ithaca Energy Buys Assets for $860M (06:03 GMT) *Ithaca Energy Could Pay Oil Price Related Contingent Consideration of Up to US$250M (06:07 GMT) *Ithaca Energy: Assets Comprise a 48% Opera…