London pre-open: FTSE down as Greek deal is a no show

30th Jan 2012 07:20

City sources predict the FTSE 100 will open down 30 points from yesterday's close of 5,734 after the weekend failed to bring news of a debt solution in Greece. Outsourcing specialist Capita has acquired Fish Administration from private equity firm Inflexion. Capita is acquiring the company for £21m cash on a cash free, debt free basis. The acquisition will add greater capacity and valuable new expertise to Capita's specialist insurance broking business, Capita said.British Gas owner Centrica is to pay ConocoPhillips $223m for its non-operated interests in the gas- and oil-producing Stratfjord field (and associated satellites) in the North Sea. "Increasing our stake in Statfjord marks the latest stage in our drive to secure high quality sources of gas for our customers, adding both earnings and long-term value to Centrica," said Managing Director Mark Hanafin.Real estate investment trust British Land said development of the 700,000 square foot building at 5 Broadgate, close to Liverpool Street station in the heart of London's financial district, can now go ahead, after the remaining outstanding conditions on the pre-let agreement with future tenant UBS were satisfied.NR