London Stock Exchange gets green light for $27bn Refinitiv deal January 13, 2021 EU competition regulators have approved London Stock Exchange’s $27bn (£20bn) takeover of Refinitiv, clearing the way for a major new rival to Bloomberg. The European Commission today said its investigation had raised a number of concerns about the deal, but that these would be addressed by a number of remedies. These include LSE’s €4.3bn sale [...]
500+ LSE-listed companies cancelled, cut or suspended dividend payments last year January 11, 2021 Just over 500 companies listed on London Stock Exchange cancelled, cut or suspended dividend payments in 2020, according to new research by investment solution provider GraniteShares. It seems that no segment of the market was immune, as 52 FTSE 100 companies amended their dividend policies last year, as well as 117 FTSE 250 firms and 151 [...]
Cultural shift and digital savvy will see us accelerate our IPO plans December 26, 2020 The end of a year is usually a time for companies to reflect and look back at goals reached, lessons learned and ways to continue progressing in the months ahead. We are excited about what 2021 has in store. We have been open about seeking a listing on London Stock Exchange, a first step in [...]
Hammerson seeks secondary Irish listing amid Brexit worries December 18, 2020 European shopping centre owner, Hammerson has sought admission to Dublin's stock exchange to maintain access to the European market.
London’s IPO market proves resilient despite choppy conditions December 17, 2020 Despite rocky conditions caused by Covid-19 and Brexit-related uncertainties, the London Stock Exchange (LSE) retained its title as Europe’s most active market this year. LSE proceeds have accounted for almost a third of total European proceeds in 2020. So far there have been 26 London IPOs this year, which is in line with 2019’s 27. [...]
EU regulators to clear London Stock Exchange’s $27bn Refinitiv deal December 2, 2020 EU competition regulators are reportedly set to clear London Stock Exchange’s $27bn (£20.3bn) takeover of Refinitiv. LSE last month offered to provide rivals with access to clearing and data for 10 years as part of its bid to win over antitrust authorities. It came as part of a package submitted to the European Commission that [...]
Stocking filler: London Stock Exchange backs virtual charity carol concert November 27, 2020 London Stock Exchange has teamed up with music royalties firm Hipgnosis to support a star-studded virtual carol concert that will raise funds for charity. Chic legend Nile Rodgers, who acts as an adviser to Hipgnosis, will host the festive gig on Tuesday 15 December. The programme will feature appearances from a string of music icons, [...]
Weekly outlook, 9-13 November: Investors shift their focus back to the UK economy November 9, 2020 Investors were kept busy with the drama across the Atlantic last week, but they’ll soon want to focus back on the UK in what will be a busy week of results and economic updates. After a nail-biting election, markets will likely be considering the implication of a Biden presidency. But with GDP and unemployment figures [...]
Europe set for positive open as Nikkei hits highest level since 1991 November 9, 2020 While President Trump still appears to be in denial about the loss of the Presidency to Joe Biden and still refusing to concede, markets appear to be unconcerned about the prospect of a contested outcome, and have moved on to what might happen next. CMC Markets UK’s chief market analyst Michael Hewson tells City A.M. [...]
EU to allow post-Brexit share trading for London-listed firms October 26, 2020 The EU markets regulator today said investors on the continent will be able to trade sterling-quoted shares of European companies listed in London after the transition period, in a bid to calm fears of post-Brexit trading jitters. The European Securities and Markets Authority (Esma) revised previous guidance that states EU shares must be traded inside [...]