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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Fashion & brands

FIVE at FIVE: NatWest sell down; Anglo rebuffs BHP; Shein IPO; easyJet strikes; FTSE 100 down

1. Treasury sells down NatWest stake below 27%

The Treasury is planning to reduce its stake below 10% by the end of this year, including with a retail offer for the public this year, and fully privatise the bank by 2026.

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2. Anglo American rebuffs second bid approach from BHP

A timely piece of research from RBC Capital suggests that BHP is trying to get Anglo on the cheap. On its sum-of-the-parts analysis, Anglo's shares are worth £31 - a significant premium to the £27.53 tabled by BHP.

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3. Shein close to filing London IPO application

The Singapore-headquartered company needs to get the OK from Beijing and then will file its application with the London Stock Exchange this month, according to a report from Reuters citing two sources.

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4. EasyJet pilots reject pay deal raising prospect of summer strikes

Union Balpa said pilots rejected an offer that would have seen the pay of captains with more than ten years of service rise to £200,000 from £164,000 currently.

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5. FTSE 100 Live

London's blue chips closed the day down 18 points at 8,414.

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Plus in the small-cap space:

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The Markets
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