Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    51,165.12
    -372.58 (-0.72%)
     

  • CMC Crypto 200

    1,327.18
    -69.36 (-4.97%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

EU regulators to decide on Prysmian-General Cable deal by May 8

Reuters

BRUSSELS (Reuters) - EU antitrust regulators have set a May 8 deadline to decide whether to allow Italian cable maker Prysmian's (PRY.MI) $3 billion (2.13 billion pounds) acquisition of U.S. peer General Cable (BGC.N).

Prysmian, which sells cable to the energy and telecoms sectors, sought approval from the European Commission on March 28, a filing on the EU authority's website showed on Tuesday.

The Commission can clear the deal with or without concessions or it can launch a four-month investigation if it has serious concerns the takeover may hurt rivals and customers.

The takeover gained unconditional clearance in the United States on March 9.

(Reporting by Foo Yun Chee; editing by Jason Neely)