UPDATE 2-London stocks fall in run-up to budget; Hipgnosis drops to all-time low For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Hipgnosis falls after dividend halt Mondi slides on report of higher takeover bid for DS Smith FTSE 100 down 0.6%, FTSE 250 off 0.5% Updated at 1651 GMT By Shubham Batra and Shristi Achar A March 4 (Reuters) - British stocks started the week on a downbeat note, with a sell-off across all sectors except precious
BUZZ-UK's DS Smith rises on reports of higher bid from Mondi ** Shares of packaging group DS Smith SMDS.L up 1.6% at 331.7p ** Co's shares jump on reports of a revised takeover proposal from rival Mondi PLC MNDI.L ** In February, Mondi had confirmed of initial talks regarding a possible all-share bid for DS Smith to create a $13 bln UK paper giant
Mondi says customers reluctant to switch to sustainable packaging on cost concerns By Aby Jose Koilparambil Feb 22 (Reuters) - British packaging company Mondi MNDI.L said on Thursday that its customers, which include consumer goods companies and e-commerce retailers, have been reluctant to change to sustainable packaging due to cost considerations.
UPDATE 1-UK Stocks-Factors to watch on Feb. 22 Updates futures, Adds news items Feb 22 - Britain's FTSE 100 .FTSE index opened 0.37% higher on Thursday . * Rolls Royce: RR.L said annual profit more than doubled last year, beating consensus, and it forecast a further jump in 2024 as aircrafts powered by engines fly more, defence orders flow and data centre demand rises.
BRIEF-Mondi Implementing Price Hikes Across Its Range Of Paper Grades Feb 22 (Reuters) - Mondi MNDI.L : PLC: FINAL RESULTS RECOMMENDED FULL YEAR ORDINARY DIVIDEND OF 70.0 EURO CENTS PER SHARE (2022: 70.0 EURO CENTS PER SHARE) SEEING IMPROVEMENTS IN OUR ORDER BOOKS AND ARE IMPLEMENTING PRICE INCREASES ACROSS OUR RANGE OF PAPER GRADES IN Q1 OF 2024,