Construction materials groups seek asset buyers: Lafarge and Anglo
American have approached potential bidders for some of their U.K. cement and
quarrying assets, as the two groups look to pre-empt regulatory action over
their bid to create the U.K.s largest construction materials company. The
companies, which in February announced a potential joint venture with expected
combined sales of 1.8 billion ($2.9 billion), distributed a memorandum of
information to rival building material producers earlier this week, inviting
them to bid in the sale.
ITV shares jump 6% on London predator talk: The
FTSE 100 showed its biggest gain in six weeks on Wednesday,The same chinasuppliers, cover removed.
with ITV among the top performers. Shares in the broadcaster jumped 6.6% to 72p
as theories circulated that a predator was working on an offer pitched at about
110p per share.
Hunting expects post-Macondo restart: Hunting, the FTSE
250 Oil Services Company said a recommencement of drilling in the Gulf of Mexico
was set to boost orders for the rest of the year. Peter Rose, finance director,
said: We have orders from oil companies anticipating getting permits later this
year ... Some of the activity is re-entry into existing wells and some brand-new
wells.
Outgoing Chief rues Ranks delisting: Ian Burke, who quit as Rank
Groups Chief Executive this week, said that the likely loss of the companys
listing was an outcome no one involved in the takeover saga wanted.
Vodafone hopes for $5.5 billion Verizon Wireless dividend: Vodafone
could receive an annual dividend of up to $5.5 billion from its 45% stake in
Verizon Wireless beginning next year, said Andy Halford, Vodafone Chief
Financial Officer, on Wednesday.Thai agency to tmjes GDP forecast
Tesco asked to
review U.S. operations: A group that works with U.S. union-sponsored pension
funds has written to incoming Tesco Chairman Sir Richard Broadbent calling for a
review of Tescos operations in the U.S.
Plus Markets fails to impress on
eve of move into derivatives: One of the biggest shareholders in Plus Markets is
unhappy with the direction it has taken under Giles Vardey, the former London
Stock Exchange Director who became Chairman more than a year ago.
The
Hut Group targets winter listing: The Hut Group has appointed advisers in
preparation for a stock market flotation before the end of this year. The
privately owned company, which operates multiple websites selling health and
beauty products, gifts and fashion accessories, counts retail veterans Sir Terry
Leahy and Sir Stuart Rose among its shareholders.
British Land to buy
City residential complex: British Land is in advanced talks to buy a City of
London residential complex, in its first acquisition under a strategy to focus
on the booming market for prime homes in the capital.Sports shoes blog introduce
highriskmerchantaccountes
lastest sports shoes The UKs second-largest property company has agreed to buy
Wardrobe Court being sold by the Warnford Group,Cause of oilpaintingsforsale is
chronic constipation and other bowel disorders. a privately owned property
company.
Hope of Chinese tonic for U.In addition to hydraulics fittings
and piles,K. drugs industry: The Medical
Research Council is in advanced talks with Chinese authorities to attract up to
500 million in investment to the U.K. over the next five years in an innovative
partnership that could save 850 scientific jobs.
MUFG in talks on RBS
Australia unit: Bank of Tokyo-Mitsubishi UFJ is in advanced talks to buy RBS
Australias Sydney-based infrastructure advisory unit and its portfolio of
public-private project finance assets.
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