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(Sharecast News) - Philip Morris has switched its bid for London-listed inhaler maker Vectura to a takeover offer from a scheme of arrangement, which means the US tobacco giant will now require a lower level of shareholder approval.
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* European shares little changed* Deliveroo jumps as rival takes stake* S&P 500 futures dipAug 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@th...
Read more* European shares little changed* Deliveroo jumps as rival takes stake* S&P 500 futures dipAug 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@th...
Read moreTOP NEWS: Auction set as Philip Morris and Carlyle battle for Vectura
Read more* Deadline for final bids is 5 p.m. BST/1600 GMT Aug. 10* Auctions to begin Aug. 11, Wednesday* Vectura withdraws support for Carlyle's increased offer* Philip Morris on Sunday offered 165 pence per share for Vectura (Adds details, background)By P...
Read more* Deliveroo surges after German peer buys stake* Hargreaves Lansdown slumps on profit miss* Weak gold and metal prices drag miners* Miners reverse early losses (Updates to market close)By Shashank Nayar and Ambar WarrickAug 9 (Reuters) - Steep losse...
Read more* Healthcare, utilities, tech top sectoral gainers* Deliveroo jumps on Delivery Hero stake buy* HeidelbergCement slides on Barclays downgrade (Adds comments, updates prices throughout)By Shreyashi SanyalAug 9 (Reuters) - European stocks reached a re...
Read moreAug 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comMIXED FEELINGS IN EUROPE (0754 GMT)A fall in oil and gold prices is pushing...
Read moreLONDON MARKET OPEN: Hargreaves Lansdown falls on higher costs warning
Read more(Sharecast News) - Vecura has withdrawn its intention to recommend the sweetened offer made by Carlyle at the end of last week after an increased offer from Philip Morris, as the UK Takeover Panel said the process would be put to auction if both suitors don't make final bids by Tuesday.
Read moreAug 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comPESTILENCE AND WILDFIRES (0730 GMT)Chinese imports and exports both undersh...
Read moreA look at the day ahead from Sujata Rao.Chinese imports and exports both undershot expectations last month, data showed on the weekend, impacted in part by the COVID-19 resurgence across the country and the rest of Asia. Those outbreaks have also ...
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