FTSE 250 (MCX)

(Sharecast News) - WPP slumped on Tuesday following a report the advertising agency is cutting up to 1,000 more jobs by the end of the year as it accelerates a restructuring programme under new boss Cindy Rose that will also offload non-core businesses and surplus properties.

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(Sharecast News) - Frasers Group on Tuesday said it plans to lift its stake in German fashion house Hugo Boss to above 50%, after recently increasing its holding to 47.89% following the close of its €1.93bn offer.

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(Sharecast News) - US private equity firm Veritas Capital said on Tuesday that it has agreed to buy Bodycote in a £1.65bn deal.

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