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FTSE 250 movers: Offer for Hipgnosis strikes the right note; Centamin slides
FTSE 250 (MCX) 19,360. 83 0. 11% .
FTSE 100 movers: Airline stocks take off; Rentokil disappoints
FTSE 100 (UKX) 7,863. 24 0. 19%.
Hipgnosis shares surge on $1.4bn Concord Chorus offer
Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1. 4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Norway wealth fund backs NatWest plan to buy back more govt stock
Norway's sovereign wealth fund said it would vote in favour of a proposal letting UK bank NatWest buy back more of its stock from the British government.
Europe midday: Shares hold gains on upbeat EZ construction data
European shares were steady on Thursday as investors shrugged off another weak session in the US overnight, with a jump in eurozone construction helping drive late morning sentiment.
Europe open: Shares shrug off Wall St to post gains; Sartorius slumps
European shares continued to rally on Thursday as investors shrugged off another weak session in the US overnight.
Ferrexpo swings to FY loss on legal provision
Iron ore pellet maker Ferrexpo swung to a full-year loss as a $131million provision for a legal dispute involving its Ukrainian unit hit the bottom line.
DiscoverIE FY sales up 1%, sees earnings in line with guidance
Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.