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Home > Squawk Box Europe Express > SQUAWK BOX, MONDAY 21ST JUNE, 2021
Podcast: Squawk Box Europe Express
Episode:

SQUAWK BOX, MONDAY 21ST JUNE, 2021

Category: News & Politics
Duration: 00:25:09
Publish Date: 2021-06-21 06:06:52
Description:

The Nikkei leads sharp declines across Asia after Wall Street posts its worst week since October, with markets continuing their post-Fed slump amid a more hawkish shift. Morrisons braces for a bidding war as a US private equity firm reportedly continues its pursuit of the British grocer, after the group rejects a 5 and a half billion dollar takeover attempt. Bill Ackman's SPAC buys a 10 percent stake in Vivendi's Universal Music Group for 4 billion dollars, as shareholders prepare to vote on the spin-off and listing set for September. And HSBC posts its worst day in 9 months after taking a 2 point 3 billion dollar hit on the sale of its French retail bank, as Europe's largest lender sells the troubled unit for just 1 euro.

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