The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 52.30
Bid: 52.24
Ask: 52.26
Change: 1.10 (2.15%)
Spread: 0.02 (0.038%)
Open: 51.12
High: 52.60
Low: 51.08
Prev. Close: 51.20
LLOY 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 (March 5)

Wed, 05th Mar 2014 18:40

BRUSSELS, March 5 (Reuters) - The following are mergersunder review by the European Commission and a brief guide to theEU merger process:

APPROVALS AND WITHDRAWALS

-- French insurer Predica, which is a subsidiary of Frenchbank Credit Agricole, and Aviva France toacquire joint control of a French property developer (approvedMarch 4)

-- U.S. card payment services company WEX andBritish peer Radius to acquire joint control of ExxonMobil's European fuel card buisness (approved March 4)

-- Spanish builder Sacyr and Lloyds Bank unit LBEIP to acquire joint control of hospital operator HC(approved March 4)

NEW LISTINGS

-- U.S. media company Discovery Communications toacquire a controlling interest in European sports broadcasterEurosport International from French media group TF1 (notified March 4/deadline April 8)

-- U.S. investment firm The Gores Group to acquire Britishgrocer Premier Foods' Hovis unit (notified March3/deadline April 7/simplified)

EXTENSIONS AND OTHER CHANGES

-- Hutchison 3G UK to acquire Telefonica Ireland,a unit of Spanish telecoms provider Telefonica (notified Oct. 1/deadline extended for the second time to May 19from April 24 after Hutchison offered concessions)

-- U.S. chemical maker Huntsman Corp to acquire U.S.peer Rockwood Holdings's titanium dioxide pigmentsbusiness (notified Jan. 29/deadline extended to July 22 fromMarch 5 after the European Commission opened an in-depth probe)

FIRST-STAGE REVIEWS BY DEADLINE

MARCH 14

-- U.S. food packager Crown Holdings to buy Spanishfood-can maker Mivisa Envases from investment funds theBlackstone Group, N+1 Mercapital and management (notifiedJan. 24/deadline extended to March 14 from Feb. 28 after CrownHoldings offered concessions)

-- Asset management company Brookfield andJapanese shipper Mitsui O.S.K. Lines to acquire jointcontrol of U.S. port operator International Transportation Inc,which is now solely controlled by Mitsui (notified Feb.7/deadline March 14/simplified)

MARCH 17

-- Ireland's Kendrick Investments Ltd to take sole controlof Irish oil company Topaz Energy Group and Irish investmentfund Resource Property Investment Fund Plc (notified Feb.10/deadline March 17/simplified)

MARCH 18

-- British pension fund Universities Superannuation SchemeLimited (USS) to acquire 49.9 percent of British air trafficcontroller The Airline Group Ltd whose shareholders are BritishAirways, Easyjet and Monarch Airlines (notified Feb. 11/deadliine March 18)

MARCH 25

-- U.S. agriculture machinery maker Agco Corp andGAZ, which is a unit of Rusian car maker Basic Element, to setup a joint venture (notified Feb. 18/deadline March25/simplified)

MARCH 26

-- South Korean holding company Lotte to acquire jointcontrol of coffee maker Nestle Korea from Switzerland's Nestle (notified Feb. 19/deadline March 26/simplified)

MARCH 27

-- Switzerland-based INEOS and Belgian chemicals companySolvay to form a joint venture (notified Sept.16/deadline extended for the third time to April 23 from March21/additional concessions offered on Feb. 27)

-- French utility GDF Suez, Omnes Capital andPredica Prevoyance Dialogue du Credit Agricole to acquire jointcontrol of Futures Energies Investissements Holdings which isnow solely controlled by GDF Suez (notified Feb. 20/deadlineMarch 27/simplified)

-- Infrastructure operator Global Via Infraestructuras,which is 50 percent owned by Spanish bank Bankia, and LBEIP,which is a subsidiary of British lender Lloyds Bank toacquire joint control of Spanish hospital operator OHL Phunciona(notified Feb. 20/deadline March 27/simplified)

MARCH 31

-- Swiss cement maker Holcim to buy some ofMexican peer Cemex's assets in Europe . (notified Sept. 3/deadline extended for the second time to May 2from March 31)

APRIL 4

-- Mexican cement producer Cemex to acquireSwiss peer Holcim's Spanish cement business (notifiedFeb. 28/deadline April 4)

MAY 14

-- Spanish telecoms provider Telefonica to buyDutch peer KPN's German unit (notified Oct.31/Commission opened in-depth probe on Dec. 20, new deadline May14)

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.

More News
Today 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

Read more
Today 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 11:55

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.

Read more
24 Apr 2024 09:11

TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.

Read more
24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Read more
24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

Read more
23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
19 Apr 2024 07:47

LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.

Read more
18 Apr 2024 14:55

Nord Stream insurers deny policies covered war risks in UK lawsuit

MOSCOW/LONDON, April 18 (Reuters) - Nord Stream's insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defence to a lawsuit filed at London's High Court.

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.