Activist investor Gatemore Capital Management said on Monday that Elementis was an attractive company that has "lost its direction" as it called for the chief executive to be replaced.
Music rights owner Hipgnosis said it it agreed terms on a $1. 57bn (£1. 26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.
Wall Street futures were in the green ahead of the bell on Monday as investors brace for more corporate earnings, some key labour market data and the outcome of the Federal Reserve's two-day policy meeting.
European shares opened higher on Monday as investors eyed central bank rate decisions this week, while shares in Philips and Atos were in focus.
London stocks were still in the black by midday on Monday, helped along by gains from the likes of Frasers Group and Anglo American, as investors eyed the start of the Federal Reserve's latest policy meeting.
Puig, the Spanish fashion, cosmetics and fragrance conglomerate that's set to list on the Madrid Stock Exchange this week, has set its initial public offering (IPO) price at the top end of the range at €24. 50 a share.
European shares opened higher on Monday as investors eyed central bank rate decisions this week, while shares in Philips and Atos were in focus.
The French government has floated the idea of snapping up key assets from heavily indebted technology firm Atos in an effort to keep the company within the country.
Economic sentiment took a hit across both the eurozone and the wider EU in April, according to survey data released on Monday, alongside a downturn in employment expectations.
Barclays downgraded JD Sports on Monday to ‘equalweight’ from ‘overweight’ and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1. 1bn.
Electric vehicle manufacturer Tesla looks set to team up with Beijing-based internet company Baidu in mapping and navigation functions for its advanced assisted driving features in China.
Stocks in the Asia-Pacific region demonstrated a robust performance on Monday, buoyed by anticipation surrounding the upcoming US Federal Reserve meeting.
Fire suppression specialist Zenova Group announced a two-year contract for 200,000 litres of its FP coating on Monday, with Drips and Sparks.
Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1. 1bn, causing shares to soar by more than a third on Monday morning.
Security and industrial screening specialist Image Scan announced an initial order worth £0. 3m from a partner on Monday, for the supply of ‘ThreatScan-AS1’ portable x-ray systems as part of a framework contract secured by the partner with a European Ministry of Defence organisation.
Sports Direct owner Frasers Group launched a new share buyback programme on Monday, with the business set to repurchase up to £80. 0m worth of ordinary shares.
DP Poland, the operator of Domino's pizza stores and restaurants in Poland and Croatia, reported a robust first quarter of trading in Poland on Monday, with double-digit sales growth in both delivery and non-delivery channels.
Chip supplier Sondrel announced the successful completion of a significant milestone in its material turnkey ASIC engagement for a tier-one OEM automotive customer on Monday.
London stocks rose in early trade on Monday following another record high at the end of last week.
Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.