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London's blue-chip index gained on Monday as higher commodity prices lifted oil and mining stocks, while shares in HSBC rose after the Asia-focussed bank reported a higher-than-expected profit. ... | October 25, 2021
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London's blue-chip index rose on Monday, as higher commodity prices lifted oil and mining stocks, while shares in HSBC gained after the Asia-focussed bank reported a higher-than-expected profit.
A growing number of renowned U.S. tech investors are moving to Europe to try and spot the next Klarna or Spotify.
Investegate announcements from Darktrace PLC, TR-1: Notification of Major Holdings
Cybersecurity company Darktrace Plc is targeting a valuation of as much as 1.9 billion pounds ($2.6 billion) in a London initial public offering, boosting confidence in the City’s ability to attract technology listings post-Brexit and after Deliveroo Holdings Plc’s recent flop.Darktrace is marketing shares in the offering at 220 pence to 280 pence apiece, according to terms of the deal seen by Bloomberg News. The company plans to sell 51.1 million to 65.1 million new shares and looks to raise proceeds of $200 million.Management and employees are seeking to sell about $45 million of existin...