Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,383.17
    -44.41 (-0.09%)
     

  • CMC Crypto 200

    1,314.95
    +37.97 (+2.98%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

STOCKS NEWS EUROPE-Bureau Veritas rises on takeover news

Reuters - UK Focus

Shares in Bureau Veritas (Paris: FR0006174348 - news) add 2.8 percent in brisk volumes, the top gainers on France's broad SBF120 index, after the French testing and inspection company says it is buying Maxxam Analytics International Corporation, Canada's leading analytical services provider, for about 447 million euros ($611.07 million) as it looks to expand in North America.

"The acquisition comes as a surprise," a Paris-based trader says.

"Maxxam (Other OTC: MAXX - news) is mainly present in North America and the deal should give Bureau Veritas a real footprint in these markets where it was late. The deal is expected to be 3 percent earnings-per-share enhancing in 2014."

After less than an hour of trading, volumes on the shares of Bureau Veritas already represent 73 percent of the stock's daily average volume of the past three months.

($1 = 0.7315 euros)

Reuters Messaging: blaise.robinson.thomsonreuters.com@reuters.net