United Kingdom | Tuesday, 6 January 2009
Markets
All IBTimes

FTSE seen opening lower

Font Scale:
Posted 04 August 2008 @ 09:29 am GMT

PUNCH TAVERNS

Buyout group CVC Capital Partners is said to be weighing up a bid approach to the pubs operator, whose share price has fallen by more than 70 percent during the past year and is now worth just under 700 million pounds, the Daily Mail said.

RIO TINTO

The miner vowed on Monday to fight for its rights over a huge iron-ore mining project in Guinea after the west African nation challenged the company's mining permit.

Meanwhile, the company said global iron ore miners faced a continuing challenge to meet demand for the steel-making raw material.

QINETIQ

Qinetiq, the UK defence technology group, is in talks to buy a privately held company that provides top-level advice to U.S. intelligence services, in a move that will give it access to the heart of the lucrative U.S. defence market, the Financial Times said.

WPP, TAYLOR NELSON SOFRES

British market research group Taylor Nelson Sofres has repeated its advice to shareholders to reject a hostile offer from WPP Group, the world's second-largest advertising company.

Meanwhile, German market research group GfK said on Friday it is continuing to actively pursue an all-cash offer for Taylor Nelson Sofres.

IBTimes RSS
E-Newsletters : Enter your Email for Fast News & Opinions