Mergers & Acquisitions

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UPDATE 2-Chemring to sell European munitions business for 167.8 mln euros

* Shares rise as much as 5 percent (Adds CEO comment; updates share move)

BRIEF-SIG says to sell Miller Pattison insulation contracting business

* Disposal of Miller Pattison insulation contracting business

Company Outlooks 12:46pm BST

UPDATE 2-Unilever sales top estimates; may sell Ragu, SlimFast

* Q1 underlying sales up 3.6 pct vs 3.3 pct analyst forecast

UPDATE 1-Russia's Yandex first-quarter net profit rises 19 pct

* Like-for-like sales ahead of guidance (Adds more results, background)

M&A, upbeat results help European stocks resume rally

LONDON, April 24 - European shares resumed their rise on Thursday, boosted by mergers and acquisitions activity and upbeat updates from electrical gear maker Schneider Electric and oil services group Technip among others.

UPDATE 1-UK's Labour mulls moving loan from Co-op Bank -sources

* Move would hand unions more control - Conservatives (Adds reaction from Conservative Party)

10:59am BST

StanChart names new global M&A chief after current head Suckling goes on leave

SINGAPORE, April 24 - Standard Chartered on Thursday named Tom Willett as its new global head of mergers and acquisitions from June 1 to replace current head Andrew Suckling, who is taking a 12-month sabbatical.

10:49am BST

UPDATE 1-Metso sees demand bottoming out after Q1 profit fall

* Says demand from miners seems to be bottoming out (Adds details on mining demand, CEO comment)

Company Outlooks, 10:47am BST

Astra looking to partner or sell infection, neuroscience drugs

LONDON, April 24 - AstraZeneca is looking to partner or sell its anti-infective and neuroscience drugs, since these products are no longer core areas for the British drugmaker, its chief executive said on Thursday.


Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

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