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FTSE 100 falls after Fed minutes, deal talks lift NMC Health

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FTSE 100 falls after Fed minutes, deal talks lift NMC Health
FILE PHOTO: Traders looks at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson   -   Copyright  SIMON DAWSON(Reuters)
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(Reuters) – London’s FTSE 100 fell on Thursday as minutes of the latest U.S. Federal Reserve meeting provided little clarity on the future course of monetary policy, though NMC Health soared on a report that two firms had offered to buy a stake in the company.

The FTSE 100 <.FTSE> fell 0.5% with losses across oil majors, heavyweight miners and financial stocks, after Fed minutes overnight showed policymakers were deeply divided on an interest rate cut. The FTSE 250 <.FTMC> shed 0.2% by 0715 GMT.

UAE-based healthcare provider NMC Health <NMC.L> surged almost 42% and was tracking its best day ever after sources familiar with the deal said on Tuesday that two groups, including one backed by China’s Fosun <0656.HK>, were competing to buy a 40% stake in the company worth up to $1.9 billion.

(Reporting by Shashwat Awasthi in Bengaluru; Editing by Arun Koyyur)

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