

TOP NEWS: abrdn sells 4% stake in Phoenix Group for GBP264 million


(Sharecast News) - Abrdn has sold just under 40m shares in Phoenix Group in placing to institutional investors, raising gross proceeds of around £...


LONDON MARKET PRE-OPEN: abrdn to return cash after Phoenix share sale


TOP NEWS: Abrdn shareholders set for windfall after Phoenix stake cut


(Sharecast News) - Berenberg downgraded abrdn on Wednesday to 'hold' from 'buy' and cut the price target to 260p from 285p.


LONDON BROKER RATINGS: UBS upgrades Softcat and Kingspan


LONDON BRIEFING: Sage hails 20% growth in cloud software business


LONDON MARKET MIDDAY: Stocks rally as US Fed meeting gets underway