FTSE 100 Live 31 January: Index builds on record, Smiths surges on break-up plan
The move will allow Smiths to focus on flow and heat management through its remaining businesses of John Crane and Flex-Tek.
FTSE 100 LIVE: London's top index headed for best month in nearly three years
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.