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London Stock Exchange to lose three more firms after takeover offers

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Latest purchases take value of deals to leave capital’s stock market this year past $100bnThree more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market passes $100bn (£74bn) so far this year. On Tuesday, Bodycote, the FTSE 250 industrials group that has been listed on the London Stock Exchange since 1972, agreed a £1.84bn takeover by the US private equity group Veritas.

Latest purchases take value of deals to leave capital’s stock market this year past $100bn

Three more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market passes $100bn (£74bn) so far this year.

On Tuesday, Bodycote, the FTSE 250 industrials group that has been listed on the London Stock Exchange since 1972, agreed a £1.84bn takeover by the US private equity group Veritas.

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London Stock Exchange (ORG) Latest (ORG) London (LOCATION) Bodycote (ORG) FTSE (ORG) the London Stock Exchange (ORG) US (LOCATION) Veritas (ORG)
Originally published by The Guardian UK Read original →