Advertisement
UK markets close in 7 hours 15 minutes
  • FTSE 100

    8,258.67
    -26.67 (-0.32%)
     
  • FTSE 250

    20,653.80
    -62.08 (-0.30%)
     
  • AIM

    795.89
    -0.65 (-0.08%)
     
  • GBP/EUR

    1.1746
    +0.0005 (+0.05%)
     
  • GBP/USD

    1.2794
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    55,517.07
    +76.57 (+0.14%)
     
  • CMC Crypto 200

    1,482.26
    +3.56 (+0.24%)
     
  • S&P 500

    5,352.96
    -1.07 (-0.02%)
     
  • DOW

    38,886.17
    +78.84 (+0.20%)
     
  • CRUDE OIL

    75.50
    -0.05 (-0.07%)
     
  • GOLD FUTURES

    2,380.30
    -10.60 (-0.44%)
     
  • NIKKEI 225

    38,683.93
    -19.58 (-0.05%)
     
  • HANG SENG

    18,349.40
    -127.40 (-0.69%)
     
  • DAX

    18,582.13
    -70.54 (-0.38%)
     
  • CAC 40

    8,013.34
    -26.78 (-0.33%)
     

Dubai's Al Futtaim makes $86 mln takeover offer for Kenya's CMC Holdings

DUBAI (Reuters) - Dubai-based conglomerate Al Futtaim Group said on Monday it would make an offer worth $86 million to take full control of Nairobi-listed car retailer CMC Holdings. Al Futtaim will offer 13 shillings per share, with 50.6 percent of existing shareholders having pledged to accept the takeover offer, it said in a statement.