By Samuel Indyk
The US ISM Manufacturing reading is released at 15:00BST.
On Thursday, the Bank of England announces its latest monetary policy decisions.
Friday is the July US Nonfarm Payrolls report.
Meggitt (LON:MGGT) (+58.8%) – Parker Hannifin has agreed to buy Meggitt for 800 pence per share in cash, in a deal valued at around £6.3 billion, a 70.5% premium on Friday’s close.
SSE (LON:SSE) (+1.8%) – Agrees to sell 33.3% stake in Scotia Gas Networks for £1.225 billion.
HSBC Holdings PLC (LON:HSBA) (+1.7%) – Reported first half pretax profit more than doubled to $10.84 billion, above expectations. Declares interim dividend of $0.07 pence per share. Net interest margin down 22 basis points from same period last year.
Sanne (LON:SNNS) (+8.4%) – In advanced discussions with Apex regarding possible offer worth 920 pence per share. Board would recommend if firm intention to make offer is made.
Senior (LON:SNR) (+5.2%) – Returned to profit in first half of the year. Said second half of the year would be slightly weaker as defence sales could decline.
Travel & Leisure – UK ministers plan to warn holidaymakers against visiting high risk destinations, such as Spain. The next update on the Red/Amber/Green travel watchlists is released on Thursday. Separately, Chancellor Rishi Sunak has written to Prime Minister Boris Johnson calling for an urgent easing of travel restrictions.
UK market update – Parker Hannifin to buy Meggitt for £6.3 billion
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