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LONDON BRIEFING: Altice doesn't plan BT takeover after 12% stake buy | Financial News
Halma annual profit rises on cost cuts, boost from sale of Fiberguide Industries
LONDON MARKET PRE-OPEN: Altice buys 12% stake in BT, no takeover plans Thu, 10th Jun 2021 07:54 (Alliance News) - Equity prices in London are set to advance at the open on Thursday ahead of this week's two key risk events: an interest rate decision from the European Central Bank and the US inflation print for May. In early UK company news, Altice revealed it has bought a 12% stake in BT Group, Auto Trader resumed its payout even as full-year profit slipped, and Amigo said it is mulling all options as it faces insolvency. IG says futures indicate the FTSE 100 index of large-caps to open up 11....
10 June 2021 | 08:43am StockMarketWire.com - The FTSE 100 made slight gains on Thursday morning as investors await an update on inflation from the US amid ongoing uncertainty as to whether price pressures will continue, or prove transitory. At 08:39, the FTSE 100 was up 0.18% to 7,093.85. BT said it supported investment in Altice after the latter acquired a 12.1% stake in the company to become its largest shareholder. Shares of BT were up 1.15% to 185.26p. Online trading brokerage CMC markets hiked its dividend after reporting that annual profit more than doubled as a wave of new clients bol...