Rolls-Royce Wins

Nigel Thomas
21 Nov, 2014
New York City

Carrefour received French regulatory approval to acquire more than 800 Dia France stores. Dee Valley profit surged 20% on 4% increase in revenues. Ophir agreed to acquire Salamander Energy. Rolls-Royce won order worth

[R]4:00 PM Frankfurt – Carrefour received French regulatory approval to acquire more than 800 Dia France stores. Dee Valley profit surged 20% on 4% increase in revenues. Ophir agreed to acquire Salamander Energy. Rolls-Royce won order worth £3.2 billion from Delta Air Lines.[/R]

In London trading, FTSE 100 index jumped 1.4% or 90.93 to 6,769.83 and in Frankfurt the DAX index climbed 2.5% or 238.38 to 9,722.35.

In Paris, CAC 40 index advanced 2.7% or 114.28 to 4,348.49.

Carrefour SA jumped 2.2% to €25.08 after the France-based hypermarket operator received the approval from the Competition Authority of France to acquire more than 800 Dia France stores.

The transaction is expected to close in the next month.

Dee Valley Group Plc increased 1% to 1,338 pence after the U.K.-based water service provider said revenue in the first-half ending in September jumped 3.6% to £12.4 million from £12 million a year ago period.

Net profit in the period surged 20% from a year ago to £1.8 million from £1.5 million and diluted earnings per share declined to 38.8 pence from 71.6 pence.

Ophir Energy Plc plunged 5.8% to 169.60 pence after the U.K.-based oil and gas explorer agreed to acquire Salamander Energy Plc for 0.5719 Ophir shares or 115.9 pence for per share of Salamander.

Rolls-Royce Holding Plc gained 1.4% to 855.50 pence after the U.K.-based aircraft engine maker won an order worth £3.2 billion or $5 billion to power 50 new Delta Air Lines aircrafts.