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News that Rupert Murdoch may seek to take control of Sky Networks boosted stock prices on 22 June Reuters

The FTSE 100 shot up Monday (22 June) on hopes that Greece will reach a deal with its creditors, after the country handed in a "reasonable" proposal to break the stalemate in negotiations last night.

Closer to home, chocolate maker Thorntons stock was boosted 42.86% in early morning trading on news that the makers of Ferrero Rocher are moving to buy up the UK firm.

"Ferrero has struck a sweet deal with Thorntons with an agreed offer of 145p [229c] per share, which is a 42.9% premium to Friday's closing price and values the business at just under £112m," said AJ Bell investment director Russ Mould.

Water company Severn Trent rose 5.89% on news that a Canadian investment firm may be considering a bid, and Sky also helped to push the FTSE forward after it was reported Rupert Murdoch may seek to take full control of the company.

The FTSE 100 gained 1.72%, its biggest rise in weeks, to hit 6,825.67p.

Oil exploration and production company Afren lost ground after it announced last Friday that it would need shareholders to approve a refinancing package to recover $148m by restructuring its outstanding loans.

FTSE 100 biggest risers

Severn Trent Plc +121.00 (+5.89%) 2,176.00
International Consolidated Airlines Group SA +21.00 (+4.15%) 526.50
Carnival Plc +120.00 (+3.79%) 3,288.00
United Utilities Group Plc +35.00 (+3.68%) 987.00
Taylor Wimpey Plc +6.90 (+3.66%) 195.30

FTSE 100 biggest fallers

Randgold Resources -85.00 (-1.89%) 4,413.00
Hikma Pharmaceuticals -36.00 (-1.85%) 1,911.00
Fresnillo -9.00 (-1.26%) 703.50
Weir Group Plc -6.00 (-0.34%) 1,785.00
easyJet Plc -1.00 (-0.06) 1,580.00

FTSE AIM 100 biggest risers

Iomart Group +12.00 (+5.04%) 250.00
Scapa Group Plc +9.00 (+4.59%) 205.00
Powerflute OYJ +3.00 (+4.58%) 68.50
Advanced Medical Solutions Group Plc +6.25 (+4.39%) 148.50
Ithaca Energy Inc +2.00 (+3.81%) 54.50

FTSE AIM 100 biggest fallers

Sirius Minerals Plc -1.25 (-6.94%) 16.75
Gemfields Plc -4.00 (-6.27%) 59.75
Young & Co's Brewery Plc -70.00 (-5.43%) 1,220.00
Tungsten Corporation Plc -2.75 (-4.68%) 56.00
Regenersis Plc -8.50 (-3.98%) 205.00