This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
Virgin Money Holdings UK PLC (VM.L) - Said it had received an all-stock takeover offer proposal of £1.6bn from a rival CYBG Plc. Closing price 313.48p (Reuters)
Shire PLC (SHP.L), Takeda Pharmaceutical co Ltd (4502.T) - The boards of both companies announce an agreement on the terms of a recommended offer to which Takeda will acquire the entire issued and to be issued ordinary share capital of Shire PLC in a deal valued at £46bn. Shire shareholders will receive $30.33 in cash and 0.839 in new Takeda shares. Closing prices 3852.00p, 4642¥ (Reuters / Sigma Squawk)
Standard Life Aberdeen PLC (SLA.L), Lloyds Banking group PLC (LLOY.L) – The former has informed Lloyds Banking Group that it does not consider that the bank, Scottish Widows or their affiliates have right to terminate long-term asset management agreements between them after Lloyds said it would pull £109bn of assets from SLA. Closing prices 363.03p, 65.61p (Bloomberg)
First Group PLC (FGP.L) - U.S. private equity firm Apollo Global Management said it does not intend to make an offer to acquire FirstGroup. After April, FirstGroup, rejected a cash proposal from the U.S. fund which has a market value of about £1.2bn. Closing price 111.28p (Reuters / Bloomberg)
Hiscox Ltd (HSX.L) –The underwriter reported a 24.3% rise in gross written premiums in Q1. Climbing to $1.16bn in the three months ended March 31, from $930m last year, supported by growth in its retail business. Closing price 1518.00p (Reuters)
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| BT | BT/A | -4.2% | -2.8% | -3.7% |
| INTL CONSOLIDATED AIRLINE | IAG | -1.2% | 4.8% | 1.0% |
| PEARSON | PSON | -0.5% | 7.3% | 0.1% |
| INTERCONTINENTAL HOTELS | IHG | -0.2% | 1.6% | -0.9% |
| HSBC | HSBA | -1.2% | -2.1% | -4.5% |
| CENTAMIN | CEY | 3.8% | 5.3% | 1.6% |
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