Full List Of Stories
Hargreaves Lansdown investor questions fairness of takeover bid
Hargreaves Lansdown shareholder Lancaster Investment Management said on Monday that it remains "unconvinced" that a takeover offer by a consortium led by CVC Capital Partners is fair for all shareholders.
FTSE 100 movers: Prudential rallies; Smurfit gives back some gains
London’s FTSE 100 was up 0. 7% at 8,297. 24 in afternoon trade on Monday.
JPMorgan cuts L&G price target but maintains ‘overweight’
JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company’s June capital markets day.
US sustainable packaging group Sonoco to buy Eviosys for $3.9bn
US sustainable packing company Sonoco said on Monday that it has agreed to buy Eviosys, a food cans, ends and closures manufacturer, from KPS for about $3. 9bn.
London midday: Stocks tick higher as Prudential, Frasers rally
London stocks had extended gains by midday on Monday, helped along by solid performances from Prudential and Frasers Group, as investors eyed the release of key US inflation and UK growth figures later in the week.
Germany’s Covestro enters ‘concrete’ takeover talks with Adnoc
German chemicals firm Covestro said on Monday that it had agreed to enter into "concrete negotiations" Abu Dhabi National Oil Co based on a potential €62 per share starting proposal.
Activist investor Engine Capital urges C&C Group to explore sale
Activist investor Engine Capital sent a letter to the board of C&C Group on Monday in which it urged the Magners and Bulmers owner to explore strategic alternatives for the drinks company, including a potential sale.
German business sentiment deteriorates in June - Ifo
German business sentiment deteriorated in June, according to a survey released on Monday by the Ifo Institute.
London open: Stocks nudge up as investors eye US inflation, UK GDP
London stocks were just a smidgen firmer in early trade on Monday, paring opening losses as investors eyed the release of key US inflation and UK growth figures later in the week.
PepsiCo agrees to waive bottling clause as Carlsberg pursues Britvic
Carlsberg confirmed on Monday that PepsiCo has agreed to waive the change of control clause in the bottling arrangements it has with Britvic, removing a potential challenge for the Danish brewer looking to buy the UK drinks company.
Supreme buys Clearly Drinks for £15m
Supreme said on Monday that it has bought Clearly Drinks, a UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks, for £15m.
London pre-open: Stocks seen lower after Nvidia selloff
London stocks were set to fall at the open on Monday following a selloff in Nvidia shares in the US on Friday.
Monday newspaper round-up: John Lewis, heat pumps, THG
The outgoing chair of John Lewis has insisted that the retail group is “back on track” and “more fit for the future” with an improving financial position enabling it to spend money refurbishing Waitrose supermarkets and opening convenience stores. Sharon White, who will retire as chair of the John Lewis Partnership in September, said the upmarket Waitrose brand was “underrepresented in convenience” as it sought new avenues of growth. – Guardian.