Advertisement
UK markets closed

  • FTSE 100

    8,352.00
    +38.33 (+0.46%)
     

  • FTSE 250

    20,445.50
    +32.42 (+0.16%)
     

  • AIM

    779.20
    +2.78 (+0.36%)
     

  • GBP/EUR

    1.1624
    -0.0000 (-0.00%)
     

  • GBP/USD

    1.2495
    -0.0015 (-0.12%)
     

  • Bitcoin GBP

    49,709.46
    -1,428.84 (-2.79%)
     

  • CMC Crypto 200

    1,320.36
    +25.68 (+1.98%)
     

  • S&P 500

    5,185.59
    -2.11 (-0.04%)
     

  • DOW

    38,966.92
    +82.66 (+0.21%)
     

  • CRUDE OIL

    78.71
    +0.33 (+0.42%)
     

  • GOLD FUTURES

    2,323.30
    -0.90 (-0.04%)
     

  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     

  • HANG SENG

    18,313.86
    -165.51 (-0.90%)
     

  • DAX

    18,473.66
    +43.61 (+0.24%)
     

  • CAC 40

    8,136.92
    +61.24 (+0.76%)
     
Money:

How to make a tax-free income

Tips for making money that won't be taxed

BUZZ-C&C Group: Down on rejected takeover bid

Reuters - UK Focus

** Irish cider maker C&C Group Plc (Other OTC: CCGGY - news) 's shares down as much as 8.5 pct after Britain's Spirit Pub Company Plc (LSE: SPRT.L - news) rejects a takeover proposal.

** C&C Group's London listed stock was amongst top percentage losers on LSE, while its Ireland (Other OTC: IRLD - news) -listed shares shed 8.23 pct.

** Spirit Pub, which is engaged in takeover talks with Greene King Plc (LSE: GNK.L - news) , said C&C had until Nov 20 to announce a firm offer. C&C confirmed its preliminary approach in a statement on Friday morning.

** Peel Hunt analyst Nick Batram says likelihood of a successful bid has increased and Spirit shareholders should sit tight and wait for the process to play out.

** Spirit's shares up as much as 2.58 pct, while Greene King's stock was down 0.94 pct.