Advertisement
UK markets close in 6 hours 14 minutes

  • FTSE 100

    8,091.39
    +51.01 (+0.63%)
     

  • FTSE 250

    19,727.96
    +8.59 (+0.04%)
     

  • AIM

    755.12
    +0.43 (+0.06%)
     

  • GBP/EUR

    1.1669
    +0.0024 (+0.21%)
     

  • GBP/USD

    1.2519
    +0.0056 (+0.45%)
     

  • Bitcoin GBP

    51,195.25
    -1,876.11 (-3.54%)
     

  • CMC Crypto 200

    1,360.66
    -21.91 (-1.58%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.84
    +0.03 (+0.04%)
     

  • GOLD FUTURES

    2,339.50
    +1.10 (+0.05%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,988.95
    -99.75 (-0.55%)
     

  • CAC 40

    8,059.18
    -32.68 (-0.40%)
     
Property:

How to sell your home

Top tips from property investors

Shares of Souza Cruz jump on possible British American offer

Reuters - UK Focus

SAO PAULO, Feb 23 (Reuters) - Shares (Frankfurt: DI6.F - news) of Souza Cruz SA jumped in early Monday trading after controlling shareholder British American Tobacco (LSE: BATS.L - news) said it was considering an offer for the 24.7 percent stake in Brazil's biggest cigarette company it does not own.

Souza Cruz shares were up 11 percent at 26.25 reais on the Sao Paulo stock exchange at 10:19 a.m. local time (1319 GMT). BAT said it was weighing a public tender offer at a price of 26.75 reais per share. (Reporting by Brad Haynes; Editing by Bernadette Baum)