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What is the true cost of the UK state pension?

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BUZZ-Q2 off to busy start as European corp activity pick up a notch

Reuters - UK Focus

A busy start to the second quarter with corporate deal activity across Europe front & center.

** Weir Group (Frankfurt: 42W.F - news) has made an all-stock proposal for Finland's Metso (Dusseldorf: VLM.DU - news) . Biggest daily jump in Metso stock in more than two decades & trading volume on course to hit highest since at least Feb 2009.

** BHP is weighing a spin-off of some businesses such as aluminum & nickel into a separate company.

** Alstom (Paris: FR0010220475 - news) selling its heat exchange unit to private equity for 730 million ($1.01 billion)

** The SFR saga trots along as Bouygues (Other OTC: BOUYF - news) extends its offer for the Vivendi (TLO: VIV.TI - news) unit and presents a 500 million break-up fee.

(Stocks Buzz is a pilot project. Please send any feedback or suggestions to vikram.subhedar@thomsonreuters.com) (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)