Lone Star ups bid for Quintain after Elliott intervention
The initial bid was at 131p per share, but reports surfaced on Thursday that Elliott Capital Advisers was not happy with the deal.
Company
LON:QED
Quintain is a London-focused property investment and development company, listed on the London Stock Exchange.
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The initial bid was at 131p per share, but reports surfaced on Thursday that Elliott Capital Advisers was not happy with the deal.
Below are the main news-driven share price movements at midday.
Investments and investor services
The FTSE 100 which closed 2 points lower to 6,686.
Investments and investor services
Banks and oil majors rise but Sky shares do a U-turn
London landowner Quintain has agreed to be taken over by Lone Star real estate.
Investments and investor services
Both ends of the risers and fallers were due to drilling updates.
Investments and investor services
UK investors shrugged off concerns over Greece to follow US equities higher in the afternoon session
A firm start on Wall Street encouraged a rally in London