Advertisement
UK markets close in 5 hours
  • FTSE 100

    8,107.44
    +28.58 (+0.35%)
     
  • FTSE 250

    19,821.48
    +219.50 (+1.12%)
     
  • AIM

    755.98
    +2.86 (+0.38%)
     
  • GBP/EUR

    1.1660
    +0.0003 (+0.03%)
     
  • GBP/USD

    1.2511
    +0.0000 (+0.00%)
     
  • Bitcoin GBP

    51,416.76
    +690.40 (+1.36%)
     
  • CMC Crypto 200

    1,391.37
    -5.17 (-0.37%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    83.90
    +0.33 (+0.39%)
     
  • GOLD FUTURES

    2,360.10
    +17.60 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,047.48
    +130.20 (+0.73%)
     
  • CAC 40

    8,037.36
    +20.71 (+0.26%)
     

BUZZ-Rexam: jumps on $6.85 bln Ball Corp offer

** British drinks can maker Rexam (LSE: REX.L - news) jumps 6.4 pct, after saying U.S. rival Ball Corp (NYSE: BLL - news) offered to buy the company in a cash-and-stock deal valued at about 4.43 bln pounds ($6.85 bln)

** Stock up 23 pct YTD, easily one of the most actively traded stock on FTSE 250

** Rexam said its shareholders will get 407 pence in cash and 0.04568 new Ball share for each Rexam share held, amounting to 628 pence per share.

** The offer was at a 17 pct premium to Rexam's Wednesday close. Ball's shares closed at $77.16 on Wednesday. (RM (LSE: RM.L - news) : aastha.agnihotri.thomsonreuters.com@reuters.net)