London Markets: Unilever’s dive offsets jump for RBS, leaving FTSE 100 marooned

U.K. stocks finished roughly flat on Monday, with the main benchmark hamstrung by a big drop in Unilever PLC shares after Kraft Heinz Co. withdrew its bid for the company.

The FTSE 100 UKX, +0.00% ended little changed at 7,299.86. The gauge last week gained 0.6%, putting it around a one-month high.

Shares in Unilever PLC ULVR, -6.56%UL, +14.00%UN, +15.29% closed down 6.6% for the FTSE’s biggest loss after American rival Kraft Heinz Co. KHC, +10.74% on Sunday dropped its $143 billion offer for the Anglo-Dutch consumer goods giant.

Royal Bank of Scotland Group PLC RBS, +6.81%RBS, -0.82% gained 6.8% following news the bank might not sell its Williams & Glyn business.

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