Mon, 12th Mar 2018 15:08
"We believe the interests of shareholders in both companiesare best served by accepting Melrose's raised bid," DavidCumming, Aviva Investors' chief investment officer for equities,said in a statement to Reuters on Monday.
It comes after Melrose hiked its cash-and-shares offer forGKN and declared its bid final.(Reporting by Ben Martin, editing by David Evans)
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:
(Alliance News) - Stocks are called to open lower on Friday, following New York lower, as hopes of interest rate cuts have come into question.
FTSE 100, FTSE 250 dip 0.4% each *
(Alliance News) - Aviva PLC on Thursday said it is on track to meet its 2026 targets after a strong opening quarter.
(Alliance News) - Stocks in London are called to open slightly higher on Thursday, with focus on interest rate policy in the UK and US.
Aviva (AV.)