Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    51,119.22
    -237.57 (-0.46%)
     

  • CMC Crypto 200

    1,380.82
    +68.20 (+5.19%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Europe shares halt rebound; Nutreco jumps after SHV bid

Reuters - UK Focus

PARIS, Oct 20 (Reuters) - European shares dipped in early trading on Monday as the previous session's sharp rebound lost steam, although takeover activity boosted the shares of Nutreco , Adidas (Other OTC: ADDDF - news) and Havas (Other OTC: HAVSF - news) .

At 0714 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,277.64 points, after surging 2.8 percent on Friday following reassuring U.S. macroeconomic data.

Shares (Berlin: DI6.BE - news) in Dutch animal feed and nutrition company Nutreco jumped 38 percent after SHV, a privately-held Dutch investment firm, said it had reached a conditional agreement to acquire the group for 40 euros ($51) per share, or 2.69 billion euros.

German sportswear firm Adidas AG surged 5.6 percent after the Wall Street Journal reported that an investor group, that includes Jynwel Capital and funds affiliated with the Abu Dhabi government, was planning a $2.2 billion bid to buy Reebok.

Havas also rose 5.8 percent after French tycoon Vincent Bollore launched an exchange offer on the stock on Friday with a view to gaining control of the world's sixth-largest advertising company. (Reporting by Blaise Robinson; Editing by Sudip Kar-Gupta)