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FTSE 250 movers: Approach sends transport firms both ways

Mon, 29th Jun 2009 09:54

FirstGroup is among the heaviest fallers after making a merger approach for fellow bus and rail group National Express. National Express said it 'does not consider it appropriate to enter into discussions with FirstGroup.Informa is the top riser even after it warned that half-year organic revenues at its events and training unit will be 'considerably' lower as the group continued to reduce volume to protect profitability in the face of weak demand.Vectura has been given a shot in the arm from news it will receive a milestone payment from Novartis, which has started a Phase III clinical study of NVA, which Vectura developed.The stock market recovery since March has boosted the fourth quarter performance of investment management firm Hargreaves Lansdown, which now expects full-year results to be ahead of market expectations. Its shares are higher.FTSE 250 - RisersInforma (INF) 225.25p +6.38%Hargreaves Lansdown (HL.) 213.75p +6.34%National Express Group (NEX) 290.00p +5.17%Brewin Dolphin (BRW) 134.00p +5.10%Electra Private Equity (ELTA) 929.50p +3.74%Tullett Prebon (TLPR) 280.00p +3.70%Halma (HLMA) 200.00p +3.49%Vectura Group (VEC) 67.25p +3.46%Moneysupermarket.com (MONY) 50.00p +3.09%HMV Group (HMV) 118.25p +3.05%FTSE 250 - FallersTaylor Wimpey (TW.) 32.00p -3.76%Ashtead Group (AHT) 54.75p -3.52%GKN (GKN) 121.00p -3.39%Peter Hambro Mining (POG) 616.50p -3.22%Salamander Energy (SMDR) 186.00p -3.12%SThree (STHR) 183.25p -2.91%Computacenter (CCC) 195.00p -2.50%Regus (RGU) 65.25p -2.25%FirstGroup (FGP) 362.75p -2.16%Carpetright (CPR) 579.50p -2.11%
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18 Aug 2021 09:51

Philip Morris buys 22.6% stake in Vectura as experts warn against deal

(Sharecast News) - US tobacco giant Philip Morris International bought a 22.6% stake in London-listed inhaler-maker Vectura, as health experts warned investors not to approve a takeover.

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17 Aug 2021 16:06

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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12 Aug 2021 17:53

TOP NEWS: Philip Morris GBP1 billion bid wins Vectura backing

TOP NEWS: Philip Morris GBP1 billion bid wins Vectura backing

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12 Aug 2021 17:28

UPDATE 2-UK's Vectura bows to sweetened 1.1 bln stg Philip Morris offer

(Recasts, adds background, shares)By Yadarisa ShabongAug 12 (Reuters) - Cigarette maker Philip Morris won the support of Vectura for its 1.1 billion pound ($1.5 billion) takeover offer for the inhaled treatments maker after outbidding private equi...

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12 Aug 2021 17:13

Philip Morris wins takeover battle for inhaler maker Vectura

(Sharecast News) - US tobacco giant Philip Morris has won the battle for London-listed inhaler maker Vectura.

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11 Aug 2021 15:55

UPDATE 3-Americans vie for UK's Meggitt as TransDigm makes $9.7 bln overture

* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds background, share moves of TransDigm and Parker)By Yadarisa Shabong and Pushkala AripakaAug 11 (Reut...

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11 Aug 2021 15:55

UPDATE 2-Americans vie for UK engineer Meggitt as TransDigm makes $9.7 billion overture

* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds shares, detail, background)Aug 11 (Reuters) - A U.S. bidding battle could be brewing for UK aerospa...

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11 Aug 2021 15:55

UPDATE 2-Americans vie for UK engineer Meggitt as TransDigm makes $9.7 billion overture

* Meggitt gets possible 900p/share offer from TransDigm* Shares hit fresh record high of 846p* Company continues to back Parker-Hannifin offer (Adds shares, detail, background)Aug 11 (Reuters) - A U.S. bidding battle could be brewing for UK aerospa...

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11 Aug 2021 09:33

TOP NEWS: Vectura to decide own fate after Carlyle swerves auction

TOP NEWS: Vectura to decide own fate after Carlyle swerves auction

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11 Aug 2021 08:17

LONDON BRIEFING: Avast results strong ahead of NortonLifeLock merger

LONDON BRIEFING: Avast results strong ahead of NortonLifeLock merger

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11 Aug 2021 07:59

Carlyle says Vectura offer is final, paves way for PMI

(Sharecast News) - US tobacco giant Philip Morris looks set to potentially clinch the deal for Vectura after rival suitor Carlyle said it would not be upping its offer for the London-listed inhaler maker.

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10 Aug 2021 17:16

UPDATE: No auction for Vectura as Carlyle opts not to raise bid

UPDATE: No auction for Vectura as Carlyle opts not to raise bid

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10 Aug 2021 17:02

UPDATE 2-No auction for Vectura as Carlyle declares $1.3 bln takeover bid final

(Recasts, adds detail, background)By Yadarisa ShabongAug 10 (Reuters) - The takeover battle between tobacco giant Philip Morris and private equity firm Carlyle for inhaled treatments maker Vectura will not be heading to the auction ring on Wednesd...

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10 Aug 2021 12:19

LONDON MARKET MIDDAY: Stocks mixed as investors eye US inflation

LONDON MARKET MIDDAY: Stocks mixed as investors eye US inflation

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10 Aug 2021 10:38

Philip Morris changes Vectura bid to takeover offer ahead of auction

Philip Morris changes Vectura bid to takeover offer ahead of auction

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