Advertisement
UK markets open in 26 minutes
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,168.10
    +339.17 (+2.02%)
     
  • CRUDE OIL

    83.53
    +0.17 (+0.20%)
     
  • GOLD FUTURES

    2,340.40
    -1.70 (-0.07%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,517.36
    +68.53 (+0.13%)
     
  • CMC Crypto 200

    1,415.63
    -8.47 (-0.59%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

BUZZ- Arris Group Inc: To buy British set-top box maker Pace

** Communications equipment maker's shares up about 25 pct at $38.02 in extended trading

** Arris to buy British set-top box maker Pace Plc (Other OTC: PCMXF - news) in a $2.1 billion cash-and-stock deal

** Pace shareholders will receive 1.325 pounds ($2) in cash and 0.1455 shares of the combined company for each share held, or 4.265 pounds per Pace share

** Up to Wednesday's close, the stock had gained about 14 pct in the last 12 months