
Dealmaking in the City continues to enjoy an upturn after two property firms today unveiled a tie-up that will create a venture big enough for the FTSE 100 index.
Tritax Big Box, the owner of major warehouses used by retailers, will have a value of about £4 billion through its £924 million offer for UK Commercial Property REIT.
As well as the recent flurry of merger deals, traders are looking ahead to a busy week of economic updates including inflation figures in the UK and United States.