Shares in Whitbread were lifted on Wednesday after activist hedge fund Sachem Head bought a stake in the Premier Inn and Costa Coffee owner.
For the UK the financial diary is pretty quiet, with investors able to fully scrutinise new FTSE 100 entrant DS Smith as it publishes half-year results a week after it's promotion to the blue chip index was confirmed.
UK life sciences companies have inked a 'sector deal' as part of the government's new industrial strategy, including commitments from GlaxoSmithKline to invest £40m in UK genetic research and from Merck to invest in a major new research facility in London.
Wind sensor technology group Windar Photonics has received an order for five LiDAR systems from a Chinese original equipment manufacturer for immediate delivery, it announced on Wednesday.
Natural resource exploration and development company Regency Mines has entered into a memorandum of understanding with privately-owned mining company Legacy Hill Resources, for co-operation in structuring, financing and owning coal investments in the US, it announced on Wednesday.
Steinhoff International shares plummeted on Wednesday as its chief executive officer Markus Jooste resigned with immediate effect amid "accounting irregularities", while the release of the company's 2017 numbers has been postponed.
Small and medium enterprise finance facility provider 1pm updated the market on its trading on Wednesday, ahead of interim results for the six months to 30 November, which it said would be announced during the week of 15 January.
Esports entertainment group Gfinity announced on Wednesday that its ‘Elite Series’ will become the first esports competition to include the ‘EA Sports FIFA 18’ title in its schedule, when season three of one of the world's premier esports competitions begins in March 2018.
Billing Services Group proposed to return up to $5m to shareholders on Wednesday, by way of a tender offer at a price of 4. 25 US cents per share.
Vernalis and Servier announced the achievement of a pre-clinical milestone in their third oncology drug discovery collaboration on Wednesday.
AIM-listed luxury interior furnishings group Walker Greenbank said its Loughborough wallpaper factory was hit by a 'minor' fire on Tuesday night, damaging one of the printing machines.
Industrial fuel cell power company AFC Energy updated the market on its progress towards delivery of a commercial alkaline fuel cell system on Wednesday, confirming the first commercial order of cathodes had been placed with Industrie De Nora .
Oil and gas exploration company Pantheon Resources updated the market on logging operations at VOBM#4 on Wednesday.
Systems integrator and managed services provider Maintel Holdings updated the market on its trading for the year to 31 December on Wednesday, reporting that its ‘ICON’ cloud services have continued to grow strongly in the second half of 2017, boosted by ongoing investment in the platform.
Shopping centre owner Hammerson has agreed to buy FTSE 350 rival Intu Properties in a £3. 4bn all-share deal that will create a £21bn portfolio across Europe.
Full-year profits from Numis Corporation were lifted 18% as the small- and mid-cap stockbroker enjoyed a strong second half and became the number-one firm in London by number of listed clients.
The Financial Conduct Authority has fined insurance broker Bluefin - a former AXA subsidiary - £4m for misleading customers.
Stagecoach kept its interim dividend steady as it reporting higher profits and progress in all divisions, but finds itself in the middle of a political dispute over the government's proposed new 'vision' for British railways.
Hochschild Mining has kicked off the process to redeem $294. 8m of its outstanding bonds in order to significantly reduce its interest payments.
Sales were flat but losses widened in the first half for luxury handbag brand Mulberry, which said on Wednesday that demand from tourists in London remains strong.