London's Corporate Exodus: Three Firms Worth £3bn+ Eye Exit as FTSE Reshuffle Looms

Three listed companies simultaneously unveiled plans to quit the London Stock Exchange on the first trading day back from summer, with a combined takeover value exceeding £3bn. Metallurgy firm Bodycote — an LSE member since 1972 — agreed to a £1.9bn buyout by US private equity firm Veritas Capital at 932p per share, a 41.4% premium. Telecoms provider Gamma Communications recommended a £1.1bn all-cash bid from UK PE shop Epiris at a 53%...