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Snap news

The latest on Friday,

- Mitchells & Butlers said it is not in talks about an offer for the company, but is continuting discussion with private equity investors about a stake sale of up to 29.9 per cent – statement.

- Nomura, Japan’s largest brokerage, posted a fourth-quarter loss of Y153.9bn as revenue slumped and it had to cut the value of mortgage-related securities – statement, Reuters.

- Aviva’s Asia CEO says the business is not for sale, as the UK insurer announces results – Reuters, Aviva results statement.

- SCi plans to raise £60m through an equity placing and sale, issuing 171.6m new shares at 35p. Warner Brothers Home Entertainment has agreed to take £15m of the new stock – statement.


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