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FTSE 250 movers: Wood Grp gains on bid rebuff; AJ Bell slides on founder stake sale
FTSE 250 (MCX) 20,633. 26 0. 01%.
Wood Group rejects new 220p-a-share offer from Sidara
Wood Group said it had rejected a third unsolicited £1. 52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to “significantly undervalue” the group and its prospects.
Europe midday: Stocks down as inflation fears dim early rate cut hopes
European shares were lower at midday on Friday as worries that persistent inflation could see a delay in planned interest rate cuts this year weighed on sentiment.
Europe open: Shares down as inflation hits summer rate cut hopes
European shares opened sharply lower on Friday as worries that persistent inflation could see a delay in planned interest rate cuts this year weighed on sentiment.
German GDP Q1 growth confirmed at 0.2%
Germany's economy grew 0. 2% in the first quarter of 2024 compared with the final three months of last year, confirming a flash estimate, the Federal statistics office said on Friday.