Breaking pre-market news on Tuesday,
- Punch Taverns to spin off managed pubs business, Spirit — statement.
- Forth Ports recommends £16.50 a share offer from Arcus European Infrastructure Fund — statement.
- BILT Paper to seek listing on the London Stock Exchange — statement.
- Ofcom unveils 4G mobile auction spectrum plan — statement.
- Gulf Keystone Petroleum says 10,000 barrels a day production possible at Shaikan-2 well — statement.
- AssetCo granted injunction against chief executive John Shannon — statement.
- Corporate: Cairn Energy, Rolls-Royce, Petropavlovsk, Shore Capital, Exillon Energy, Phorm Group, London Capital Group, Corin.
