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FTSE 100 movers: Convatec jumps on guidance upgrade; Rightmove retreats
London’s FTSE 100 was up 2. 1% at 8,130. 65 in afternoon trade on Monday.
Intel to sell 51% of Altera to PE firm Silver Lake in $8.8bn deal
Intel said on Monday that it has agreed to sell 51% of its Altera business to private equity firm Silver Lake in a deal that values the unit at $8. 75bn.
London midday: Stocks push higher despite tariff confusion
London stocks had extended gains by midday on Monday as investors mulled the latest twists and turns in Trump’s tariff saga.
Belgium’s Ageas to buy Esure for £1.3bn
Belgian insurer Ageas said on Monday that it has agreed to buy UK-based digital personal lines insurer Esure from Bain Capital for £1. 3bn.
Wood Group minded to recommend latest takeover proposal from Sidara
Wood Group said on Monday that Dubai’s Sidara has made a non-binding conditional takeover proposal valuing the company at 35p per share that it would be minded to recommend.
London open: Stocks rally despite conflicting tariff messages
London stocks rose sharply in early trade on Monday, taking their cue from gains in Asia as investors mulled the latest twists and turns in Trump’s tariff saga.
London pre-open: FTSE seen up on electronics tariff exemption
London stocks were set to jump at the open on Monday, taking their cue from gains in Asia after Trump said that smartphones and computers were exempt from new tariffs.
Monday newspaper round-up: British Steel, Viagogo, tariffs
British Steel is to deploy emergency measures in a race against time to save the blast furnaces at Scunthorpe, as the business secretary refused to guarantee the plant could get what it needed in time. The company is understood to be looking at offers of help from more than a dozen businesses to obtain materials such as iron ore and coking coal, potentially allowing it to avoid the temporary shutdown of one of the two furnaces. – Guardian.