UK Stocks-Factors to watch on September 7
SPY•Corporate news in focus
- Spire Healthcare: Spire Healthcare SPI.L said it had agreed to be taken over by consortium comprising funds managed by Toscafund, Three Hills, and Ares, valuing its share capital at about £1,026 million.
- Gamma Communications: Dutch private equity firm Waterland plans to make an offer for Gamma Communications GAMA.L that exceeds the £1.08 billion bid from Epiris, the Sunday Times reported.
- Jaguar Land Rover: Britain's business minister Jonathan Reynolds said he will meet Jaguar Land Rover's CEO this week to discuss job cuts at the country's biggest carmaker, amid reports it is looking to shed 4,000 roles.
Market backdrop and diary
- FTSE: London's mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns over soaring government debt and inflation, while Experian slid after the U.S. housing regulator criticised the sector's practices.
UK corporate diary:
| Company | Ticker | Event |
|---|---|---|
| Standard Life | SDLF.L | HY Results |
| Ashmore Group | ASHM.L | FY Results |
| IQE | IQE.L | HY Results |
For more on the factors affecting European stocks, please click on: LIVE/
