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L&G shares jump after report cites CEO saying not considering sale
LONDON, May 14 (Reuters) - Legal and General shares rose almost 5% on Thursday, on track for their biggest one-day jump since December 2024, after the Financial Times report quoted the chief executive as saying the company was not considering a sale.
L&G CEO Antonio Simoes told the FT he was not considering a break-up or sale of the company.
Shares in L&G were last up 4.7%, compared with a 0.95% rise in the FTSE 350 index of insurer stocks. They are still down 0.7% for the year. (Reporting by Sophie Kiderlin; Editing by Amanda Cooper)
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