Market News

Craven House increases stake in Pressfit Holdings

Craven House Capital has agreed to buy 10,093,556 shares in Pressfit Holdings - 32.5% of the total - from existing shareholders at 12.84p apiece, around £1.3m.

01/06/2012

MoneySupermarket acquires MoneySavingExpert for £87m

MoneySupermarket.com has conditionally agreed to acquire MoneySavingExpert as a going concern from founder Martin Lewis, for consideration of up to £87m.

01/06/2012

Market Movers - Top risers and fallers at 09:00

FTSE 100
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01/06/2012
		

	

Most Traded Stocks by Value at 09:00

BP.	BP PLC $0.25 value of shares traded £9,757,167,367
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01/06/2012
		

	

PLUSquoted Market Movers - Top risers and fallers at 09:00

PLUS Market
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01/06/2012
		

	

Forex Prices at 09:00

Name 	 	 Price 	 Change 	 %Change 
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01/06/2012
		

	

FTSE modestly higher early on in light pre-holiday trade

MORNING REPORT: Headline shares were modestly higher in early deals today, although activity was limited ahead of the long holiday weekend, with unsolicited interest in BP's 50% BP/TNK stake the big news.

01/06/2012

BP to sell stake in TNK-BP

Oil giant BP plans to sell its stake in Russian oil company TNK-BP which was set up with Alfa Access Renova in 2003.

01/06/2012

Schlumberger completes sale of Wilson Intl

Schlumberger has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc.

01/06/2012

Dods-Emap in talks on possible new deal

An agreement for Dods to takeover DeHavilland from Emap has ceased to have effect after conditions on completion of the placing and clearance from the Office of Fair Trading were not met.

01/06/2012