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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

London Stock Exchange to lose three more firms after takeover offers

A screen displays the logo of the London Stock Exchange at the headquarters in London
The takeovers put further pressure on the London Stock Exchange. Photograph: Jack Taylor/Reuters

Three more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market so far this year passes $100bn (£74bn).

On Tuesday, Bodycote, the FTSE 250 industrials group that has been listed on the London Stock Exchange since 1972, agreed a £1.84bn takeover by the US private equity group Veritas.

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