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HICL takes minority stake in Cross London Trains
HICL Infrastructure said it had bought a minority equity stake in Cross London Trains (XLT) from funds managed by Equitix Investment Management for an undisclosed sum.
HICL buys minority stake in Cross London Trains; CDPQ in talks to buy Vodafone's Indus Towers stake
London pre-open The FTSE 100 was called to open nine points higher at 7,550.
London pre-open: Stocks to edge up as investors mull retail sales
London stocks were set to edge up at the open on Friday following an upbeat US session, as investors mulled the latest UK retail sales data.
Friday newspaper round-up: Water bosses, P&O Ferries, Apple
The annual bonuses paid to water company executives rose by 20% in 2021, despite most of the firms failing to meet sewage pollution targets. Figures show on average executives received £100,000 in one-off payments on top of their salaries, during a period in which foul water was being pumped for 2. 7m hours into England’s rivers and swimming spots. – Guardian.
US close: Stocks finish higher after better-than-expected data
Wall Street's main market gauges reversed earlier losses to close higher on Thursday, as investors digested a fresh batch of better-than-expected economic indicators.