(Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 …
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(Bloomberg) — Australian real estate listing provider REA Group Ltd. presented a £5.6 billion ($7.3 billion) takeover proposal for Rightmove Plc that was rejected by the UK’s biggest property portal by market value. REA, part of media mogul Rupert Murdoch’s empire, made a preliminary cash-and-stock proposal valued at 705 pence …
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Text size Getty Images The U.K. election could give Boris Johnson the ammunition he needs to secure a Brexit deal, sending a basket of undervalued domestic stocks soaring. British politics remains unpredictable, as the last election and the 2016 European Union referendum demonstrate, but the opinion polls point towards a …
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