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Gsk Raises $1.1 Billion From Haleon Stake Sale
Date: October 6, 2023
GSK raises $1.1 billion from Haleon stake sale (Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.08 billion) from a stake sale in Haleon, bringing down its shareholding to 7.4% in the world’s largest standalone consumer healthcare firm. The sale of 270 million shares at 328 pence apiece, represented a discount...
London Stocks Kick Off Q4 Lower as Rising Yields Bite
Date: October 2, 2023
London stocks kick off Q4 lower as rising yields bite By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -London stocks gave up early gains and closed lower on Monday as rising yields pushed equities down, while defence firm BAE Systems was among the few bright spots on the large-cap index after winning a contract...
Trading Platform Aquis Sees Earnings Boost From EU Share Price Feed Plans
Date: September 21, 2023
Trading platform Aquis sees earnings boost from EU share price feed plans By Huw Jones LONDON (Reuters) – Aquis Stock Exchange said on Thursday that EU plans to provide data on share transactions across multiple trading platforms in the European Union will boost its earnings. The EU is finalising rules to set up consolidated records...
AstraZeneca Shares Fall 4% to 7-1/2 Week Low
Date: September 11, 2023
AstraZeneca shares fall 4% to 7-1/2 week low LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. Three analysts and one AstraZeneca shareholder told Reuters they attributed the move to a report in the Mail on Sunday newspaper saying that the drugmaker’s Chief Executive...
London-Listed Spac Moves Closer to Launch of Lloyd’s Insurance Vehicle
Date: September 8, 2023
London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give investors access to the Lloyd’s of London insurance market, according to a statement on Friday. Financial Acquisitions Corp said it had established London Innovation Underwriters Limited...
London Stocks Extend Losses on Global Economic Gloom, Wh Smith Slides
Date: September 6, 2023
London stocks extend losses on global economic gloom, WH Smith slides By Khushi Singh and Siddarth S (Reuters) – Britain’s FTSE 100 edged lower on Wednesday as recent economic data from U.S. and Europe continued to dampen global sentiment, while WH Smith led midcaps lower as the retailer fell short of a recently raised profit...