|Bid||6,884.00 x 0|
|Ask||6,886.00 x 0|
|Day's range||6,880.00 - 7,014.00|
|52-week range||3,842.00 - 7,272.00|
|Beta (3Y monthly)||0.38|
|PE ratio (TTM)||50.66|
|Forward dividend & yield||0.40 (0.59%)|
|1y target est||N/A|
Oakley Capital Investments, a private equity company currently quoted on London’s Alternative Investment Market, has decided to move to the specialist fund segment of the London Stock Exchange’s main market on August 23. The only individuals who can trade stocks quoted in the segment are those recognised as professional investors by their intermediaries.
The main index rose 0.7% with all sectors in the black, while the FTSE 250 index outperformed with a 1% rise owing to gains in the local currency. The outage, which was the longest in eight years and delayed trading for almost two hours, came during a volatile week for global financial markets, which were hit by worries about an impending recession and a prolonged U.S.-China trade spat. On Friday, however, the index was boosted by shares of financial companies, particularly those with a bigger exposure to Asia, after China's state planner said it would roll out a plan to boost disposable income for 2019-2020 to revive consumption as the economy slows.
A software glitch on the London Stock Exchange caused a nearly two-hour delay to the start of trading on Friday, in the most serious malfunction for the LSE in eight years. The outage affected securities listed on the FTSE 100 and 250, the two main UK stock indices, which track large and midsized companies worth about £2.3tn.
London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and establishing the British company as a rival to Bloomberg. "This transaction is a defining moment for LSE in terms of its strategic importance," LSE Chairman Don Robert said of the purchase, which comes ten months after a consortium led by U.S. private equity group Blackstone completed a leveraged buyout of Refinitiv from Thomson Reuters. "Increasingly our customers want to trade across different regions and currencies," LSE Chief Executive David Schwimmer told journalists of the rationale for the move.
** Farmers who own shares in Australia's Mackay Sugar have voted to accept a takeover offer from Germany's Nordzucker, a statement from shareholders of the Australian sugar producer. ** London Stock Exchange shares rose more than 14% to a record high after it said it was in talks to buy financial data firm Refinitiv, in a deal worth $27 billion including debt. ** Amsterdam-based online food delivery firm Takeaway.com has agreed to buy Just Eat in an all-share deal valuing the combined group, which will be one of the sector's largest, at about 8.2 billion pounds ($10.1 billion).
The mid-cap FTSE 250 shrugged off steep losses in shares of Sports Direct and corporate services company Sanne Group , as well as a drop in the pound, to advance 0.4%. "The deal gives Just Eat and its interim CEO the perfect exit, whilst also creating a company with the scale and strength to take on Deliveroo, Uber Eats and Amazon ," Markets.com analyst Neil Wilson said. London Stock Exchange surged nearly 15% to an all-time high after the company confirmed late on Friday it was in talks to buy financial data analytics provider Refinitiv Holdings for $27 billion, including debt.
Investing.com - London Stock Exchange Group (LON:LSE) surged 15% to an all-time high on Monday in response to a deal that will transform its position in the global market for financial data.
LONDON/NEW YORK (Reuters) - The London Stock Exchange Group Plc said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings Ltd for $27 billion, including debt. The deal would come less than a year after buyout firm Blackstone Group Inc acquired a majority stake in Refinitiv from Thomson Reuters Corp, valuing the company at the time at $20 billion including debt. LSE said it would pay for the deal with newly issued LSE shares as currency, turning Refinitiv's existing investors into LSE shareholders who would own about 37% of the combined company and hold less than 30% of the voting rights.
The company had said last month that it planned to raise up to $200 million (160.2 million pounds) through a listing on the London Stock Exchange to support its new aircraft leasing business. "The company is grateful for the support it has received from institutions in recent weeks and intends to reactivate the IPO at a later date," it said. Political uncertainty around Britain's departure from the European Union and a slowdown in the euro zone economy have spurred more turbulence in stock markets in recent months and discouraged investment flows.
After London Stock Exchange Group plc's (LON:LSE) earnings announcement in December 2018, analyst forecasts seem...
Airtel Africa, a unit of India's Bharti Airtel Ltd, last week set a price range of 80 to 100 pence per share for its IPO, which is expected to raise 595 million pounds from the issuance of 595.2 million to 744 million new shares. The bookrunner, which said on Monday it had received indications of interest worth about $200 million from pre-IPO investors, said it had further investor orders of $100 million.