Smiths Group propped up the FTSE 100, rising more than 14% after the opening bell following news it had responded to activist investor calls to split up its business.

Industrial giant Smiths Group bows to investor calls for break-up - The FTSE 100 firm is to offload two of its main businesses, after a US activist investment group said it needs to boost its share ...

FTSE 100-listed Smiths Group is to be broken up after the conglomerate announced plans for the separation of its Interconnect ...