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London open: Stocks edge up as pound hit by stalling Brexit talks
London stocks edged higher in early trade on Monday as the pound took a hit from stalling Brexit negotiations.
Polymetal lifts stake in Veduga gold deposit to 74%
Polymetal International said it was lifting its stake in the Veduga gold deposit in Russia to 74. 3% by taking a 31. 7% interest in the property's licence holder Amikan, for $19. 7m in Polymetal shares.
Greencore sells US business for $1bn
Convenience food manufacturer Greencore Group has struck a deal to sell its entire US business for $1. 1bn (£817m) and return a chunk of the cash to shareholders.
Monday newspaper round-up: Brexit, banks, budget, tobacco, motor insurance
The Brexit negotiations are on a knife-edge as Theresa May’s domestic vulnerability over the Irish border threatens to kill off hopes of an October deal, with the Brexit secretary, Dominic Raab, forced to make a dash to Brussels to seek more time from the EU’s chief negotiator, Michel Barnier. Days before the crunch leaders’ summit at which the EU has demanded “maximum progress” be made to allow the talks to develop, Raab made the unexpected flying visit.
Caledonia takes 99% stake in Deep Sea Electronics
Caledonia Investments On Monday spent £117. 2m for a 98. 9% stake in Deep Sea Electronics in a transaction that values the business at £162. 0m.
London pre-open: Stocks seen higher as Brexit developments eyed
London stocks were set to edge up at the open on Monday, with investors likely to keep a close eye on any Brexit-related developments.
Caledonia Investments buys almost all of Deep Sea Electronics, Superdry sweats after hot summer
London open The FTSE 100 is expected to open five points lower on Monday, having closed down 0. 16% at 6,995. 91 on Friday.