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Stanley Gibbons confirms approach from Disruptive Capital
AIM-listed stamp and coin specialist Stanley Gibbons confirmed on Friday that it has received an unsolicited approach from private equity firm Disruptive Capital regarding a possible offer for the company.
Friday newspaper headlines: Election reaction, Dodd-Frank, HSBC, Aramco
A humiliated Theresa May called today for a “period of stability” as she was urged to resign after her gamble on a snap election backfired. A hung parliament was inevitable after the Tories failed to win in Labour’s heartlands and lost ground in the south as voters rejected her appeal for a personal mandate to negotiate Brexit. - The Times.
Markets search for direction as election results in hung parliament
Financial markets were seeming to shrug off a shock UK general election result, with a hung parliament confirmed on Friday morning but the FTSE 100 looking to begin with a slight rise.
Genus' long-running legal battle with Sexing Technologies rumbles on
The long-running legal battle between animal genetics specialist Genus and US rival Sexing Technologies' owner Inguran rumbles on, with the UK company accused of infringing patents and breaching trade secrets.
Centrica to cash £240m from sale of CQ Energy partnership
Centrica announced on Friday that the CQ Energy Canada Partnership, the Canadian E&P joint venture in which it owned a 60% interest, was to be sold to a consortium comprising MIE Holdings Corporation, the Can-China Global Resource Fund and Mercuria for a purchase price of CAD 722m (£413m) in cash.
London pre-open: Stocks seen higher as pound hit by hung parliament
London stocks were set for a positive open on Friday as the pound took a hit after the Tories lost their majority in a general election that resulted in a hung parliament.
Election result raises doubts over future of Brexit and May, UK stock futures untroubled
UK shares are likely to fall but not to crash heavily despite general election results pointing to an unexpected hung parliament on Friday morning and changing the picture on Brexit negotiations, with FTSE 100 futures pointing to a small 13- or 14-point fall at 0430 BST.
US close: Stocks inch higher after ex-FBI boss testifies in Russia hearing
US stock markets hit an all-time intraday high during a senate testimony where former FBI director James Comey gave evidence against President Donald Trump over alleged Russian interference in last year's election, though finished only modestly higher.