(Reuters) – Britain’s main index was relatively unchanged on Friday as investors waited for a crucial Sino-U.S. meeting this weekend, while Madame Tussauds owner Merlin surged after a buyout offer.
The FTSE 100 <.FTSE> was roughly flat, while the mid-cap FTSE 250 <.FTMC> added 0.4% by 0710 GMT.
Uncertainty over whether any signs of progress towards a resolution of Washington and Beijing’s trade war would emerge kept activity among most major sectors muted in early dealings.
Legoland operator Merlin Entertainments <MERL.L> jumped 14.2% to 451 pence on the mid-cap index after agreeing to be acquired by the investment vehicle of Lego’s founding family and Blackstone <BX.N> in a 455 pence a share deal.
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Bernard Orr)