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Monte Dei Paschi Up, Airbus Down, Tate & Lyle Out

Monte Dei Paschi Up, Airbus Down, Tate & Lyle Out

Published 2 weeks ago
Description

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion) in a move that’s set to spur a new phase of dealmaking in Italian finance.
- Aircraft engine suppliers found themselves at the receiving end of some choice words from aviation executives at this year’s annual gathering in Rio de Janeiro, with the director general of the industry’s lobby group accusing the manufacturers of price gouging.
- Ingredion agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), in a move that marks the end of the UK company’s near-century on the London Stock Exchange.

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