Greene King Share News (GNK)

(ShareCast News) - The FTSE 250 closed up 0.47% to 18,715.36 points.Elementis was a top riser as it entered into an agreement to acquire specialty chemicals platform SummitReheis from an affiliate of One Rock Capital Partners for an enterprise value of $360m.SummitReheis - which is expected to report revenue of $134m and underlying earnings before interest, taxes, depreciation and amortisation of $28m for the year ended 31 December - will become part of an enlarged personal care business within Elementis.Dunelm Group also advanced as Numis upgraded the stock to 'buy' from 'add' and reiterated a target price of 825p. The homewares company on Wednesday reported a drop in first half profit and revenue, due to weaker pound, disruptions following its recent acquisition of Worldstores and a challenging homewares market.Numis said: "Despite the tougher current backdrop for homewares, which is likely to result in limited near-term growth in core Dunelm, with the shares now trading on a sector multiple (11.5x FY18 PE) we see value, given the quality of Dunelm's core operation alongside the growth opportunity afforded by the integration of Worldstores' capabilities."Going the other way, Just Eat tanked after saying David Buttress had informed the board of his intention to step down from his role as chief executive officer due to urgent family matters.The FTSE 250 company said Buttress would continue to work full time in the company until the end of the first quarter, at which time John Hughes - who has been chairman of the board for almost six years - will assume the role of executive chairman.Greene King's shares fell as Canaccord Genuity reiterated a 'buy' rating after the pub operator's third quarter trading update, but cut the target price to 850p from 900p and lowered its earnings guidance.Canaccord said the pub operator's integration of Spirit Pub Company will be "disruptive and hard work" in the near term but "investors should not lose sight of the goal that Greene King is after"."Greene King and Spirit together is a much better investment proposition with higher quality earnings, stronger free cash flow and better growth prospects than before." FTSE 250 - RisersElementis (ELM) 300.70p 9.27%Kaz Minerals (KAZ) 570.50p 8.67%Ferrexpo (FXPO) 163.00p 5.23%Aberdeen Asset Management (ADN) 267.80p 5.23%Dunelm Group (DNLM) 648.50p 5.02%Ashmore Group (ASHM) 351.60p 4.96%Nostrum Oil & Gas (NOG) 455.80p 4.49%Berendsen (BRSN) 938.50p 4.45%Vedanta Resources (VED) 1,081.00p 3.54%Amec Foster Wheeler (AMFW) 460.40p 3.53%FTSE 250 - FallersJust Eat (JE.) 518.50p -6.49%Electrocomponents (ECM) 475.80p -5.60%Dairy Crest Group (DCG) 557.50p -3.38%Greene King (GNK) 678.50p -3.21%Senior (SNR) 193.50p -2.32%OneSavings Bank (OSB) 354.50p -2.23%Essentra (ESNT) 435.90p -1.98%Shawbrook Group (SHAW) 260.50p -1.96%William Hill (WMH) 272.90p -1.59%PZ Cussons (PZC) 312.10p -1.55%