FT 07/11/19 | Vox Markets

FT 07/11/19

Advisers enjoy £280m fee bonanza on London Stock Exchange Group (LSE)-Refinitiv deal. Costs set to surge with financing as takeover navigates shareholder and antitrust hurdles

Lombard – Marks & Spencer Group (MKS) mixed bag shows too few signs of changing. Food was up but clothing down and the businesses do not look a good fit

Lex – Intu Properties (INTU)/UK retail: jump scare. Mall landlord may already have joined the ranks of UK’s zombie businesses

Jupiter Fund Management (JUP) names fund veteran Nichola Pease as new chair. Former JO Hambro chief is married to Crispin Odey who has recently taken short positions in group

Virgin Media to ditch BT Group (BT.A) mobile network for Vodafone Group (VOD). Blow to BT as it comes under pressure to spend billions upgrading full-fibre capability

Marks & Spencer Group (MKS) shows signs of progress despite fall in clothing sales. Margins slip after stock availability problems but food business returns to growth

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Mentioned in this post

BT.A
BT Group
INTU
Intu Properties
JUP
Jupiter Fund Management
LSE
London Stock Exchange Group
MKS
Marks & Spencer Group
VOD
Vodafone Group