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An aura of mystery continues to linger over whether the biggest of Darktrace's shareholders are prepared to support Thoma Bravo's £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position of the Darktrace Employee Benefit Trust, which owned just under 8% of the company's shares. The trust is managed by Equiniti, which has nothing to do with the decision. - The Financial Mail on Sunday

Paper and packaging company Mondi reported improved market conditions in its first quarter on Friday, resulting in stronger order books and increased sales volumes across a range of paper grades compared to the prior quarter.

Retail footfall fell sharply in April, industry data showed on Friday, hit by poor weather and the early timing of Easter.

Britain's opposition Labour Party has no plans to revive government plans to introduce a national rail ticket website and app if it wins the next General Election, online platform Trainline said on Friday.

Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.