Advertisement
UK markets close in 1 hour 43 minutes

  • FTSE 100

    8,063.09
    +18.28 (+0.23%)
     

  • FTSE 250

    19,755.23
    -44.49 (-0.22%)
     

  • AIM

    755.44
    +0.57 (+0.08%)
     

  • GBP/EUR

    1.1640
    +0.0012 (+0.10%)
     

  • GBP/USD

    1.2450
    -0.0003 (-0.02%)
     

  • Bitcoin GBP

    53,129.17
    -232.19 (-0.44%)
     

  • CMC Crypto 200

    1,426.16
    +2.06 (+0.14%)
     

  • S&P 500

    5,086.08
    +15.53 (+0.31%)
     

  • DOW

    38,456.24
    -47.45 (-0.12%)
     

  • CRUDE OIL

    82.90
    -0.46 (-0.55%)
     

  • GOLD FUTURES

    2,337.10
    -5.00 (-0.21%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • DAX

    18,125.59
    -12.06 (-0.07%)
     

  • CAC 40

    8,119.78
    +14.00 (+0.17%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

UK's Quintain in takeover talks with U.S.-based Lone Star - Sky News

Reuters

(Reuters) - Quintain Estates and Development Plc (QED.L) is in talks to be bought by private equity firm Lone Star Funds in a deal that could value the London property group at more than 600 million pounds ($936.30 million), Sky News reported on Tuesday.

U.S.-based Lone Star had been examining an offer for Quintain for several months as it sees potential in the London-based company's land around Wembley Stadium, Sky News said, citing a source. (http://bit.ly/1IpEZl6)

The deal, which is close to being agreed upon, could be confirmed as soon as Wednesday, Sky News reported.

Morgan Stanley is advising Lone Star, while JPMorgan Chase & Co and Lazard are acting as financial advisers for Quintain, the report said.

Lone Star and Quintain could not immediately be reached for comment.

($1 = 0.6408 pounds)

(Reporting by Ismail Shakil in Bengaluru; Editing by Lisa Shumaker)