BUSINESS LIVE: HSBC profits more than double; Meggitt agrees £6.3bn takeover


BUSINESS LIVE: FTSE up 1%; HSBC profits more than double; Meggitt agrees £6.3bn takeover by US tech giant; UK’s second biggest apple grower bought for £15.7m

  • FTSE 100 up 1% to 7,101 in early trading; FTSE 250 up 1.5% to 23,301
  • HSBC first half pre-tax profits rise to $10.8bn; divi confirmed; shares up 1.4%
  • Meggitt bought for £6.3bn by American firm Parker-Hannifin; shares up 59%
  • Global agriculture business Camellia has bought Bardsley England for £15.7m 
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HSBC has said it will pay an interim dividend to shareholders after revealing that profits more than doubled for the latest half-year

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