As UK shares were under pressure, it was a busy start to the week, with plenty of corporate offerings about, including that the Daily Mail General Trust (LON:DMGT) was considering a bid for under the cosh US internet search giant Yahoo.
Discussions with private equity firms were at a very early stage, according to reports.
Beleaguered Yahoo has been trying to turn itself around and is looking to sell its core internet business as part of a strategic re-think.
Also trending today is more on the UK steel industry as the formal process to close Tata's plants begins.
But part of the Indian firm's operations is set to be bought by turnaround specialist Greybull - namely the Scunthorpe plant - but the deal would mean a 3% annual paycut for workers and changes to pensions benefits.
The fate of the Port Talbot plant still hangs in the balance and potential bidders include German behemoth ThyssenKrupp.
Tata Steel has announced the sale of its Long Products business to Greybull Capital.
— Rob Davies (@ByRobDavies) 11 April 2016
The debate about offshore tax havens and PM David Cameron's financial affairs also rages on. He has now published his tax return, as has First Minister of Scotland Nicola Sturgeon.
Pressure is now mounting on others in the UK cabinet to do the same but some commentators are questioning where the line should and could be drawn on this.
.@George_Osborne would like to publish his tax return today but hard for @David_Cameron to approve coz could force all cabinet to publish
— Robert Peston (@Peston) 11 April 2016
There were some notable small cap share risers on the day, with iodine specialist Iofina PLC (LON:IOF) the runaway London winner, adding over 115% on the day as it restated production guidance after a tough, but ultimately resilient start to the year.
The firm, which extracts iodine from waste brine water from oil production in the USA, said output for the first quarter was 124.6 metric tonnes (MT).
Elsewhere, shares in oil and gas sector focused materials and chemicals specialist Graphene Nanochem PLC (LON:GRPH) shot up over 23% to 12 as it cheered the market with plans to rationalise the business and restructure its short term debt amid a challenging industry background.
The nanotechnology firm also revealed plans to sell its non-core assets, including the fuel additive assets business and the palm oil refinery, to focus on longer term, higher margin business opportunities.
Elsewhere, well-followed FTSE250 sausage and bacon group Cranswick (LON:CWK) moved into chicken as it bought CCL Holdings and subsidiary Crown Chicken Limited from the Thacker family.
Crown produces the animals in East Anglia and supplies across the grocery retail, food service, wholesale and manufacturing channels.