Advertisement
UK markets close in 2 hours 50 minutes

  • FTSE 100

    7,858.24
    +10.25 (+0.13%)
     

  • FTSE 250

    19,366.83
    +26.69 (+0.14%)
     

  • AIM

    743.12
    0.00 (0.00%)
     

  • GBP/EUR

    1.1677
    +0.0010 (+0.09%)
     

  • GBP/USD

    1.2451
    -0.0005 (-0.04%)
     

  • Bitcoin GBP

    49,687.54
    -291.76 (-0.58%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • DOW

    37,753.31
    -45.66 (-0.12%)
     

  • CRUDE OIL

    82.31
    -0.38 (-0.46%)
     

  • GOLD FUTURES

    2,397.50
    +9.10 (+0.38%)
     

  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     

  • HANG SENG

    16,385.87
    +134.03 (+0.82%)
     

  • DAX

    17,750.74
    -19.28 (-0.11%)
     

  • CAC 40

    7,995.20
    +13.69 (+0.17%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Guinness Nigeria says parent Diageo to increase its stake

Reuters - UK Focus

LAGOS, Sept 9 (Reuters) - Guinness Nigeria said on Wednesday parent firm Diageo Plc (LSE: DGE.L - news) has declared its intention to make an offer to increase its stake in the local brewer to 70 percent from 54.3 percent through a partial tender to existing shareholders.

Guinness Nigeria said the company would continue to be listed on the Nigerian Stock Exchange.

Diageo will pay a price of not more than 175 naira per share to existing shareholders and the deal is subject to regulatory approvals, it said.

(Reporting by Oludare Mayowa; writing by Chijioke Ohuocha; editing by Jason Neely)