Associated British Foods PLC (ABF.L)
29 Jul 2016
LONDON, July 7 Britain's top share index bounced back in early trading on Thursday, with Associated British Foods leading the market higher after an encouraging update, while energy shares mirrored gains in crude oil prices.
* Confirms proposal to move to full ownership of Illovo Sugar has received requisite shareholder approvals in South Africa, at general meeting held on 25 May
April 20 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON, April 19 Primark-owner Associated British Foods would not be damaged by Brexit its chief executive said on Tuesday after the company reported a bigger than expected increase in first-half profits.
LONDON, April 19 European equities were expected to set a new one-month high on Tuesday, tracking gains on Wall Street and in Asia, with a recovery in crude oil prices and some encouraging company results seen supporting the market.
April 19 Britain's FTSE 100 index is seen opening down 13 points, or 0.2 percent, on Tuesday, according to financial bookmakers, with futures up 0.13 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on
LONDON, April 19 Associated British Foods , owner of the Primark clothing chain, maintained full-year guidance after it beat forecasts with a 3 percent rise in first-half profit.
* Illovo shares up more than 15 pct (Adds company executive comments, updates share price)
* Entered into a Transaction Implementation Agreement with ABF, in terms of which ABF (or a wholly-owned subsidiary of abf) will make an offer to acquire all of issued shares in Illovo (other than 236 569 232 Illovo shares already owned by AOL)
* Discussions are continuing over ABF's non-binding expression of interest to Illovo, to potentially acquire all remaining issued ordinary shares of Illovo that ABF does not already own