(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * FTSE 100 down 0.8%, FTSE 250 off 0.3% Aug 16 (Reuters) - London’s FTSE 100 fell on Monday as weakness in commodity prices weighed on heavyweight energy and mining shares, while Ultra Electronics jumped after it agreed to a takeover deal. The blue-chip FTSE 100 dropped 0.8%, dragged by oil majors BP and Royal Dutch Shell and miners Glencore, Anglo American and Rio Tinto. The domestically focussed mid-cap index eased 0.3% with travel and leisure stocks leading declines on rising uncertainty of travel demand as coronavirus cases jump across Asia. Ultra Electronics jumped 5.7% to be the top mid-cap gainer after Defence firm Cobham said it agreed to buy its UK-listed rival at 2.57 billion pounds ($3.56 billion). British media company Future Plc jumped 3.1% after it said it would buy Dennis Publishing Ltd, home to The Week news magazine, for 300 million pounds ($415.4 million). (Reporting by Shashank Nayar in Bengaluru; Editing by Saumyadeb Chakrabarty) Our Standards: The Thomson Reuters Trust Principles.
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