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Parker-Hannifin


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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.56%. * PREMIER FOODS: Premier Foods PFD.L on Wednesday reported a rise in its first quarter sales as the maker of Mr Kipling cakes and OXO cubes benefited from robust demand for its sweet treats and grocery products. * ANTOFAGASTA: Chilean miner Antofagasta Plc ANTO.L cut its full-year copper output target to 640-660,000 tonnes, hit by a leak in an underground pipeline that transports c
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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.47%. * ABRDN: British asset manager Abrdn Plc ABDN.L is preparing to sell its private equity business as part of a streamlining process under Chief Executive Stephen Bird, Sky News reported on Tuesday. * LSEG: The London Stock Exchange Group LSEG.L said on Tuesday it has launched a taskforce to drive through financial reforms announced by British government to buttress the capital's att
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UK clears U.S.-listed Parker's takeover of defence firm Meggitt

LONDON, July 19 (Reuters) - Britain's business minister Kwasi Kwarteng has approved the 6.3 billion-pound ($7.57 billion) takeover of London-based defence firm Meggitt MGGT.L by U.S. engineering and aerospace company Parker-Hannifin PH.N , his department said on Tuesday. The deal was scrutinised by the government over competition and national security concerns, as Meggitt's customers include Britain's Ministry of Defence (MoD), Boeing BA.N , Airbus AIR.PA and Rolls-Royce RR.L .
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UK business minister clears Meggitt-Parker deal

LONDON, July 19 (Reuters) - Britain's business minister Kwasi Kwarteng approved the buyout of London-based defence firm Meggitt MGGT.L by U.S. engineering and aerospace company Parker-Hannifin PH.N , his department said on Tuesday. Reporting by William James, writing by Muvija M; editing by Michael Holden
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UK Stocks-Factors to watch on June 29

June 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Wednesday, with futures FFIc1 down 0.74%. * OFGEM: British energy regulator Ofgem proposed a package of 20.9 billion pounds ($25.48 billion), including 2.7 billion pounds of upfront funding, unveiling an initial five-year vision for building sustainable and affordable regional energy grids.
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British Business - June 29

June 29 (Reuters) - 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. The Times - Andrew Formica, chief executive of Jupiter Fund Management JUP.L , is to quit after three years unsuccessfully trying to stem client defections. Link - Purplebricks PURP.L on Tuesday said it has delayed its annual results because its auditor needs more time to assess the new processes and controls that the onl
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UK Stocks-Factors to watch on April 12

April 12 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.59%. * EASYJET: Britain's easyJet EZJ.L said it had outperformed its first-half expectations despite the challenges of COVID-19 and rising fuel prices, with capacity ramping up to reach 80% of pre-pandemic levels in March and a recovery in demand.
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UK Stocks-Factors to watch on April 12

April 12 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.78%. * PARKER-HANNIFIN-MEGGITT: U.S. engineering and aerospace group Parker-Hannifin PH.N on Monday won EU antitrust approval for its 6.3-billion-pound ($8.2 billion) planned acquisition of Britain's Meggitt MGGT.L after pledging to sell a factory in the United States.
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British Business - April 12

April 12 (Reuters) - 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. The Times - Gas and electricity bills are likely to rise by a further 500 pounds ($650.95) this autumn, ministers have been warned, as the war in Ukraine weighs on wholesale energy prices.
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UK Stocks-Factors to watch on Feb 22

Feb 22 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 1.27%. * COCA-COLA HBC: Coca-Cola HBC AG'S CCH.L annual profit trounced market expectations, boosted by higher demand for low-sugar and energy drinks while people opted to dine out more as COVID restrictions ease * IHG: IHG IHG.L resumed dividend after reporting an annual profit that beat market expectations due to strong demand for staycations and resort stays in the United States.
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UK Stocks-Factors to watch on Feb 22

Feb 22 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.79%. * HSBC: HSBC HSBA.L brought forward its key profitability target by a year and more than doubled its annual profits as expected bad loans from the COVID-19 pandemic failed to materialise and it looked forward to rising interest rates lifting its income.
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