That stock News

? Property luxury LVMH group is finalizing a 17 1pc issue Hermes at a discount purchase of 50pc. LVMH has denied that it was the first step in taking complete control.

Large shareholder ? Wellstream - Schroders - has sold more than half of its participation in the oil services company has rejected a 775 m earlier in October, ￡ offers an approach of General Electric.

The Sunday mail

? Deutsche Bank was named by co-operative Financial Services in order to assess the interests of the sale of either part or all of its life insurance activities from ￡ 18bn.

? Plans for new investment in energy projects and transport will be announced by the Government this week to provide an "offensive growth" after ￡ 83bn George Osborne sections.

? Old Mutual advisors are working on a variety of options for the future of 53pc issue life insurer Nedbank South Africa, including placement of shares worth up to ￡ 1. 5bn.

Sunday Independent

? Russian billionaire Alisher Usmanov is in talks to sell a stake in its mining company Metalloinvest, Mitsui in advance of a London Japan list next year.

? ITV is close to the acceptance of terms to consolidate its operations in the Northwest and to join the BBC and other Salford MediaCity UK crossroads.

? Lord Browne, former CEO of BP is set to become President of a new Advisory Committee of Stanhope Capital, one of main London asset managers specialized in wealthy private clients.

The Sunday Times

Insurer ? Lloyd and sponsors of cricket in England that Brit Insurance should accept a 850 m ￡ bid capital Apollo and CVC Capital Partners group.

? Official figures point to a sharp slowdown in the British economy in the summer with growth fell to 0 4pc in the third quarter, fuelling fears of a recession in duplicate.

? The Russian internet company which owns a minority stake in Facebook could list in London in a fortnight, worth up to $emissions (￡ 3 5.3).

Economy ? Britain has slowed in the third quarter, the official data show this week.

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