London Stock Exchange to lose three more firms after takeover offers

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. Continue reading...