Aug. 26 (Bloomberg) -- Axon Group Plc, the U.K. business adviser for companies that run SAP AG software, rose the most since 2000 in London trading after Infosys Technologies Ltd.'s 407 million-pound ($750 million) takeover offer.

Axon jumped 103.5 pence, or 21 percent, to 606 pence, the steepest increase since March 2000. Infosys, India's second- largest computer-services provided, said yesterday it offered 600 pence for each Axon share. Axon's board recommends the offer.

Axon is the biggest winner among on the 1,160-company MSCI Europe Small-Cap Index today. The London stock market was closed yesterday for a bank holiday.

Separately, Egham, England-based Axon reported today first- half profit rose 29 percent to 10.8 million pounds after acquisitions boosted sales. Revenue gained 28 percent to 123.9 million pounds, according to a statement distributed by the Regulatory News Service.

To contact the reporter on this story: Clementine Fletcher in London cfletcher5@bloomberg.net.

Last Updated: August 26, 2008 11:45 EDT