Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 234.40
Bid: 234.30
Ask: 234.50
Change: 1.60 (0.69%)
Spread: 0.20 (0.085%)
Open: 235.30
High: 236.30
Low: 234.20
Prev. Close: 232.80
LGEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU mergers and takeovers (June 8)

Mon, 08th Jun 2015 14:47

BRUSSELS, June 8 (Reuters) - The following are mergers underreview by the European Commission and a brief guide to the EUmerger process:

APPROVALS AND WITHDRAWALS

-- Steel producers Feralpi Siderurgica and Duferco, which ispart of Swiss-based Duferco International Trading Holding, toacquire Italian peer Lucchini SpA Servola SpA (approved June 8)

-- Canada Life Group UK Ltd, which is a unit of Great-WestLifeco Inc, to acquire Irish insurer Legal & GeneralInternational (Ireland) Ltd, which is a unit of British insurerLegal & General Group (approved June 5)

NEW LISTINGS

-- U.S. trading group Castleton Commodities International toacquire Morgan Stanley's physical oil business (notifiedJune 5/deadline July 10/simplified)

-- Private equity firm Pamplona Capital Management to buypet food supplier Partner in Pet Food Holdings (notified June3/deadline July 8/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

JUNE 9

-- Chemical holding company International Chemical InvestorsGroup to buy Switzerland-based Ineos' chlorovinyls business(notified April 29/deadline June 9)

JUNE 10

-- Singapore-based commodities firm Olam International Ltd to aquire Archer Daniels Midland Co's cocoabusiness (notified April 30/deadline June 10)

JUNE 11

-- U.S. flooring products maker Mohawk Industries tobuy Luxembourg-based International Flooring Systems (notifiedMarch 2/deadline extended to June 11 from May 28 after thecompanies offered concessions)

-- U.S. metals company Alcoa to acquire U.S. titaniumsupplier RTI International Metals (notified May4/deadline June 11)

-- U.S. packaging company Plastipak to acquireSpanish peer Appe Packaging Inc(notified May 4/deadline June 11)

JUNE 15

-- German drugs and chemicals maker Merck KGaA toacquire U.S. peer Sigma-Aldrich (notified April21/deadline extended to June 15 from June 1 after Merck offeredconcessions)

JUNE 19

-- Finnish energy company Stl to acquire joint control ofaviation Fuelling Service Norway AS, which is part of oilproducer Royal Dutch Shell Keele Oy (notified May12/deadline June 19)

JUNE 22

-- Singapore's Flextronics to acquire Frenchtelecoms company Alcatel-Lucent's Italian assets(notified May 13/deadline June 22/simplified)

-- U.S. telecoms equipment maker CommScope Holding Co Inc to buy Swiss electronics firm TE Connectivity's networkgear business BNS (notified May 13/deadline June 22)

JUNE 23

-- U.S. private equity firm Lindsay Goldberg to acquireGerman metal producer VDM Metals group (notified May 18/deadlineJune 23/simplified)

-- German car parts maker Mahle Behr to acquire U.S. carparts maker Delphi's Thermal Systems unit (notified May18/deadline June 23)

JUNE 24

-- Public Sector Pension Investment Board and OntarioTeachers' Pension Plan Board to jointly acquire Tonopah SolarEnergy Holdings (notified May 19/deadline June 24/simplified)

JUNE 26

-- Private equity firm Permira and investment fund CanadaPension Plan Investment Board to jointly acquire U.S. softwarecompany Informatica (notified May 21/deadline June26/simplified)

-- DCC Holding A/S, which is a subsidiary of Irish companyDCC Plc, and DLG Service A/S, which is unit of Danishcooperative DLG Group, to combine their Danish energy businesses(notified May 21/deadline June 26)

-- PRS for Music Ltd (PRSfM), Foreningen Svenska TonsattaresInternationella Mysikbyra (Stim) and Gesellschaft fürmusikalische Aufführungs- und mechanischeVervielfältigungsrechte (Gema) to set up a joint venture toadminister mechanical and performing rights (notified Nov.28/deadline June 26/companies offer commitments on March 13)

JUNE 29

-- French shipping company CMA CGM to acquireOldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG,which is a unit of the Bernhard Schulte GmbH & Co KG (notifiedMay 22/deadline June 29)

-- French investment fund LBO France to acquire control ofclothing retailer IKKS (notified May 22/deadline June29/simplified)

-- Canada Pension Plan Investment Board to acquire jointcontrol of British port operator ABP together withinfrastructure investor Borealis and Singapore state-ownedinvestment vehicle GIC Pte Ltd (notified May 22/deadline June29/simplified)

JUNE 30

-- U.S. investment firm Centerbridge Partners L.P. toacquire Italian lender Banca FarmaFactoring S.p.A (notified May26/deadline June 30/simplified)

JULY 1

-- British Airways-owner IAG's to acquire a25-percent stake in Irish airline Aer Lingus (notifiedMay 27/deadline July 1)

-- China National Chemical Corp to acquire Italian tyremaker Pirelli (notified May 27/deadlineJuly 1)

JULY 2

-- British meat producer Dawn Meats to acquire a 49 percentstake in French meat producer Elivia which is only wholly ownedby agricultural cooperative Terrena (notified May 28/deadlineJuly 2/simplified)

JULY 8

-- U.S. investment company OpenGate Capital Group Europe toacquire chemicals producer Kem One Innovative Vinyls (notifiedJune 3/deadline July 8)

-- Meat products group Danish Crown to acquire Danish peerTican (notified June 3/deadline July 8)

JULY 24

-- German conglomerate Siemens to purchase U.S.oilfield equipment maker Dresser-Rand Group Inc (notified Jan. 9/deadline July 24)

AUG 6

-- Commodities trader Cargill to buy rival ArcherDaniels Midland Co's global chocolate business (notifiedJan. 19/deadline Aug. 6/Cargill offers concessions on May 22)

AUG 21

-- U.S. conglomerate General Electric to acquire mostof French engineering group Alstom's power equipmentbusiness (notified Jan. 19/deadline extended for the third timeto Aug. 21 from Aug. 6)

SEPT 2

-- Norwegian telecoms company Telenor and Swedishpeer TeliaSonera to combine their Danish mobilebusinesses (notified Feb. 27/deadline extended to Sept. 2 fromAug. 19 after the companies asked for more time)

SUSPENDED

-- SOCAR, Azerbaijan's state energy company, to buy stakesin Greek natural gas grid operator DESFA from Greek natural gasutility DEPA (notified Oct. 1/deadline suspended on Jan. 21)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 workingdays to 35 working days, to consider either a company's proposedremedies or an EU member state's request to handle the case.

Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces theclearance of uncontroversial first-stage mergers without givingany reason for its decision. Cases may be reclassified asnon-simplified - that is, ordinary first-stage reviews - untilthey are approved. (Compiled by Foo Yun Chee)

More News
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

Read more
25 Apr 2024 13:55

Anglo American shareholder Redwheel joins LGIM against BHP proposal

LONDON, April 25 (Reuters) - Anglo American investor Redwheel said on Thursday the buyout proposal from BHP Group "does not reflect the value" in the London-listed miner's assets or growth pipeline, as shareholders begin to speak out against a merger.

Read more
25 Apr 2024 13:19

Anglo shareholder LGIM says BHP approach "unattractive"

LONDON, April 25 (Reuters) - Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive".

Read more
18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
Shaftesbury Capital PLCex-dividend payment date
Spirax-Sarco Engineering PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Stelrad Group PLCex-dividend payment date
Team Internet Group PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Volta Finance Ltddividend payment date
Wickes Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
28 Mar 2024 09:35

LONDON BROKER RATINGS: Aviva and L&G cut; mixed calls on Diploma

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
28 Mar 2024 08:58

LONDON MARKET OPEN: FTSE 100 rises; JD Sports jumps as affirms outlook

(Alliance News) - The FTSE 100 in London opened up on Thursday on the final trading day of a holiday-shortened week, shaking off some hawkish words from a US central banker and some tepid UK economic data.

Read more
28 Mar 2024 08:08

LONDON BRIEFING: JD Sports backs outlook; Spirent accepts new offer

(Alliance News) - Stocks in London traded higher early on Thursday in the final trading day of a holiday-shortened week, despite some hawkish words from a US central banker.

Read more
22 Mar 2024 07:21

Legal & General scales back China plans - report

(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.

Read more
14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
14 Mar 2024 07:52

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

Read more
6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

Read more
6 Mar 2024 08:56

LONDON MARKET OPEN: Stocks up with all eyes on UK Spring budget

(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off nerves ahead of the UK Spring budget.

Read more
6 Mar 2024 08:40

TOP NEWS: L&G prepares for strategic revamp after profit shortfall

(Alliance News) - Legal & General Group PLC's new chief executive on Wednesday flagged a fresh start for the insurer after operating profit in 2023 fell short of market estimates.

Read more
6 Mar 2024 07:25

L&G posts below-forecast operating profits

(Sharecast News) - UK insurer Legal & General posted lower-than-expected operating profits last year amid tough market conditions.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.