index ended 0.6% lower, with most sectors in negative territory. Industrial stocks led the losses, down 1.9%, as healthcare added 0.2%.said it had received an "unsolicited, non-binding and highly conditional combination proposal" for an all-share takeover by Australia's BHP Group. Anglo American shares jumped 16% on the news.Deutsche Bank shares rebounded from earlier losses, rising more than 8%, as investors digested the bank's better-than-expected first-quarter profit.
Chris Beckett, head of equity research at Quilter Cheviot, said in a note Thursday that the sales uptick indicated the company was "on the cusp" of a turnaround as its seeks to entice consumers back to its branded products. The proposal values Anglo American's share capital at £31.1 billion . It would entail demergers of Anglo American's shareholdings in Anglo American Platinum Limited and Kumba Iron Ore Limited to Anglo American shareholders.Cheerios, Nescafe, Nesquik, KitKat, Milkybar and Purina products, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021.reported a 5.9% fall in reported sales for the first quarter to 22.
Analysts polled by Reuters had expected net profit attributable to shareholders of £1.29 billion for the quarter, according to LSEG data.on Thursday reported 1.275 billion euros in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.Revenue rose 1% year on year to 7.8 billion euros, which the bank attributed to growth in commissions and fee income, along with strength in fixed income and currencies.
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