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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

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FIVE at FIVE: BT blocked, Mt Gox explainer, Anglo Pacific royalties and the end of SPACs...

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Kwarteng blocks sale

Despite his insistence that his multinational telecoms company Altice — BT's largest shareholder — has no intention of launching a takeover bid, Drahi increased his stake in the British telecoms multinational from 12% to 18% in December 2021.

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2. What happened to Mt Gox?

While the multiple ongoing crypto crises — the Terra Labs collapse, multiple insolvencies, Celsius freeze, Ripple securities litigation to name but a few — continue to make headlines, another dark chapter in Bitcoin’s brief history bears reexamining.

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3. Anglo to buy copper and nickel royalties

"Anglo Pacific is now firmly positioned as the leading, future-facing commodities royalty and streaming company with copper, nickel and cobalt at the core of its commodity exposure,” said Anglo Pacific chief executive Marc Bishop Lafleche.

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4. FTSE 100 closes ahead

FTSE 100 closed ahea don Tuesday, up around 13 points, or 0.18%, at 7,209.

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5. What's the significance of the delisting of the biggest SPAC?

Bill Ackman's PSTH vehicle is not the only SPAC to have found it difficult to organise a deal, but is this the end for these 'blank cheque' vehicles?

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Let's look ahead at some of tomorrow's news

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK