Market Pulse
Henderson and Janus Capital agree $6bn merger, cancelling LSE listing
Henderson Group has agreed a $6bn "merger of equals" with New York-listed fund management peer Janus Capital, with a proposal to cancel the FTSE 250 company's London listing.
Intertek buys EWA Canada for foothold in internet-of-things
Quality assurance provider Intertek has snapped up cyber security specialist EWA Canada from Electronic Warfare Associates for an undisclosed sum, in order to take hold of an opportunity in the 'internet of things' market.
International Public Partnerships invests in US military housing
International Public Partnerships, the FTSE 250 infrastructure fund managed by Amber Infrastructure, has invested $32m (£25m) in the US military housing sector, which offers a secure revenue stream and no residual value exposure.
LondonMetric disposes of two UK retail parks for £55m
LondonMetric has sold Pierpoint Retail Park in Kings Lynn for £24m and Damolly Retail Park in Newry, Northern Ireland, for £30. 7m.
Paragon buys Premier Asset Finance
FTSE 250 lender Paragon Group of Companies has acquired asset finance brokerage Premier Asset Finance through Paragon Bank' asset finance division, Paragon Bank Asset Finance Limited, for an initial consideration of £8. 5m in cash.
AstraZeneca signs drug deal with Allergan
AstraZeneca’s global biologics research and development arm MedImmune has entered into a licensing agreement with Allergan for the global rights to MEDI2070, which is currently in a Phase IIb clinical trial for moderate-to-severe Crohn's disease and ready for Phase II for ulcerative colitis.
London pre-open: Stocks seen a little firmer; Brexit in focus
London stocks were set to open a little firmer on Monday, taking their cue from a positive Asian session, although the pound was under pressure as Prime Minister Theresa May said Article 50 would be triggered by March 2017.
Monday newspaper round-up: 2019 Brexit, Hammond preview, Deutsche Bank, Tesco
Theresa May has set Britain on course to leave the EU by 2019 in her first major speech on Brexit, saying that the UK would become a “fully independent, sovereign” country in the clearest sign yet that she wants a clean break from Europe’s single market. The prime minister told cheering Conservative supporters at the Tory party’s annual conference that Britain would insist on taking full control of immigration and refuse to accept the jurisdiction of the European Court of Justice.