Morning news wrap: BHP Billiton, Hammerson, Greene King, Punch Taverns

In the FTSE 100, the world’s largest miner BHP Billiton (LON:BLT) expressed its concern about the super tax on mining companies proposed by the Australian government, saying it would jeopardise the country’s prosperity and it would take it years to recover.
Commercial property company Hammerson (LON:HMSO) has exchanged conditional contracts for the acquisition of a long leasehold interest in Leadenhall Court, a City of London office building, from Alan Bloom and Alan Hudson of Ernst & Young LLP. The total consideration is £65 million including transaction costs.
Pub retailer and brewer Greene King (LON:GNK) has agreed to acquire four pub restaurants from Punch Taverns (LON:PUB) for a total consideration of £5.3 million.

In AIM, Baobab Resources (LON:BAO) said that drilling at the Chimbala prospect continued to progress, intersecting significant widths of magnetite-ilmenite mineralisation.

 

http://www.proactiveinvestors.co.uk/companies/news/17549/morning-news-wrap-bhp-billiton-hammerson-greene-king-punch-taverns-17549.html