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The following London-listed shares received analyst recommendations Thursday morning: ---------- FTSE 100 ---------- Berenberg cuts Reckitt Benckiser price target to 5,800 pence - 'hold'...
Belgium’s Ageas would need to make an offer of 270p to 300p a share for UK insurer Direct Line for it to be more likely to be accepted, Jefferies said in a note on Thursday.
Direct Line Group has revealed it has rejected interest from a Belgium-headquartered business, describing the £3.1bn proposal as "uncertain" and "unattractive", adding that it “significantly undervalued” the listed insurance specialist.
GXO, the owner of Clipper Logistics, has announced a £764m swoop for Wincanton as a bidding war with a French rival heats up.
First it was Wincanton, then Currys and now Direct Line. A series of firms at the heart of the UK economy are being preyed on by foreign suitors