Market Pulse
Blackstone increases Hipgnosis offer
US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.
Shein eyeing potential London listing
Fast fashion retailer Shein will file paperwork for a potential floatation on the London Stock Exchange as soon as this week, according to Sky News, with an initial public offering potentially valuing the firm at roughly £51. 7bn.
WH Ireland to sell capital markets business to Zeus for up to £5m
WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m.
Baltic Classifieds slumps as Antler sells 40m shares in placing
Baltic Classifieds slumped on Monday after Antler, which is controlled by funds advised by Apax, sold 40m shares in a placing.
London open: Stocks gain ahead of UK manufacturing data
London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, as investors eyed the latest UK manufacturing reading.
China manufacturing PMI ticks up more than expected - Caixin
Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday.
London pre-open: Stocks seen up ahead of manufacturing data
London stocks were set to rise at the open on Monday as investors eyed the latest UK manufacturing reading.
UK private sector tentatively optimistic as economy stabilises - CBI
Private sector activity stabilised in May, industry research showed on Monday, with further growth forecast for the months ahead.
Monday newspaper round-up: HSBC, Shein, Nvidia
Union leaders are preparing to ramp up industrial action at two south Wales steelworks, in a further escalation of a row over almost 3,000 job losses that threatens to become a big general election issue. Unite said such moves at the Port Talbot and Llanwern works are planned after the sites’ Indian owner, Tata Steel, threatened to cut redundancy pay as a response to members voting for an overtime ban. – Guardian.