Barclays Takeover Rumours (BARC)

Fresh blow to City as US private equity giant Advent International plots swoop on Tate & Lyle A potential takeover of the firm comes as London’s stock market faces a crisis amid an exodus of companies. It would see the 165-year-old Tate & Lyle, a founding member of the FT 30 index almost nine decades ago, leave the exchange. https://www.thisismoney.co.uk/money/markets/article-13967649/Fresh-blow-City-private-equity-giant-Advent-International-plots-swoop-Tate-Lyle.html

National Grid system operating wing set for £630mln government takeover National Grid PLC (LSE:NG.) has announced terms have been agreed for the sale of Britain’s electricity system operator (ESO) to the government. ESO, which manages the UK’s grid, will be sold for an enterprise value of £630 million, National Grid announced Friday, with the deal set to close early next month. https://www.proactiveinvestors.co.uk/companies/news/1056178/national-grid-system-operating-wing-set-for-630mln-government-takeover-1056178.html

Not a word from King Charles ? Royal Mail: Analysts bet Kretinsky £3.5bn takeover is blocked despite board OK The owner of Royal Mail has this morning accepted a bumper offer from Daniel Kretinsky’s EP Group, which could see the historic UK firm transferred to private foreign ownership. https://www.cityam.com/royal-mail-ids-boards-accepts-bumper-new-offer-from-kretinsky/