1. Tritax tables £924m all-paper deal for UK Commercial Property REIT (LSE:UKCM)
Strategically, the merger is expected to combine complementary logistics portfolios, enhance customer offerings across various property sizes, and provide opportunities for asset management and capital recycling.
2. Body Shop to see swathe of closures if administration confirmed, say analysts
“Whatever the outcome, it looks likely that many shops will shut for good, opening up fresh holes in high streets across the UK,” Susannah Streeter at Hargreaves Lansdown said on Monday.
3. Bitcoin approaches $49,000, asserts crypto market dominance
The BTC/USD pair continued to rocket higher today, and was within touching distance of $49,000 in mid-afternoon trades.
4. FTSE 100 recovers after Rolls-Royce and AstraZeneca-fuelled losses
AstraZeneca found itself still reeling from a disappointing earnings release late last week, with brokers having punished the pharmaceuticals giant over an unchanged dividend and lack of research and development newsflow.
5. Mike Ashley’s Frasers kicks off new buyback
A maximum of 10 million ordinary shares will be repurchased through the programme, the Sports Direct and Jack Wills owner said, which kicked off on Monday and will run until April 28, when the firm’s financial year ends.