Full List Of Stories
Crest Nicholson 'not currently minded' to engage with Avant Homes after merger proposal
Crest Nicholson said on Friday that it had received "unsolicited, preliminary, indicative proposals" from Avant Homes about a potential all-share combination but that it was "not currently minded" to engage in discussions with the rival housebuilder.
FTSE 100 movers: Housebuilders rally on Labour win; Lloyds boosted by upgrade
London’s FTSE 100 was down 0. 6% at 8,190. 25 in afternoon trade on Friday.
London midday: Top-flight index pares gains, FTSE 250 shines
London’s top-flight index had pared earlier gains by midday on Friday in a rather muted reaction to Labour’s expected election victory, but housebuilders and the more domestically-focused FTSE 250 outperformed.
Avant Homes said to have tabled secret takeover offer for Crest Nicholson
Crest Nicholson surged on Friday following a report that Avant Homes, which is owned by investment firm Elliott Advisors, has tabled a secret takeover offer for housebuilder.
Deutsche Bank starts Close Brothers at ‘buy’, shares surge
Deutsche Bank initiated coverage of Close Brothers on Friday with a ‘buy’ rating and 610p price target as it said the overhang on the shares has opened "considerable value".
London open: FTSE gains after landslide Labour victory; housebuilders rally
London stocks rose in early trade on Friday, with housebuilders pacing the gains as Brits woke up to the first Labour government in 14 years.
London pre-open: Stocks seen up as Brits wake up to Labour victory
London stocks were set to rise at the open on Friday as Brits woke up to the first Labour government in 14 years.
Friday newspaper round-up: Co-op ad, British Gas, Tata Steel
Publicans have called on the Co-op to pull a “disgraceful” TV advert that urges the supermarket’s customers to watch the Euro 2024 football tournament at home rather than going to the pub. The Co-op Food ad says it is hard to see the TV screen in the pub and suggests customers instead “stay in” and take advantage of a beer and pizza deal the supermarket is promoting. – Guardian.