LSE:LGEN 14 May 2026

Legal & General shares are barely moving — but takeover talk has the City watching
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Legal & General shares are barely moving — but takeover talk has the City watching

Legal & General Group shares rose 0.34% to 265.70p in late London trading Monday amid renewed takeover speculation, following a Financial Times report that private capital firms are circling the insurer. CEO António Simões denied any sale talks, saying he is focused on his strategy. Potential bidders reportedly see political and execution hurdles due to L&G’s size and large gilt holdings.
May 18, 2026
Legal & General Shares Jump As CEO Rules Out Sale: L&G Takeover Talk Explained
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Legal & General Shares Jump As CEO Rules Out Sale: L&G Takeover Talk Explained

Legal & General shares jumped nearly 5% Thursday after CEO António Simões said the insurer was not considering a sale or break-up, despite interest from North American private capital groups. The stock was set for its biggest one-day rise since December 2024. Simões, CEO since 2024, has pledged to simplify the group and expand in asset management, while L&G reported 2025 core operating profit up 6% to £1.62 billion.
May 14, 2026

Stock Market Today

  • IPH Ltd names new CEO Tony O'Malley amid investor watch on ASX
    May 27, 2026, 11:30 PM EDT. IPH Ltd (ASX: IPH) shares dipped 1.55% to $3.80 following the announcement of Tony O'Malley as the new CEO, effective July 1, 2026. Despite a 23% drop over 12 months, the stock is up about 8% in 2026. O'Malley brings over 30 years of experience in legal and professional services, including senior roles at PwC and the Australian Competition and Consumer Commission. His expertise in business transformation and AI legal tech aligns with IPH's focus on faster, tech-driven systems. The CEO's total fixed pay is $950,000, with potential short- and long-term incentives totaling up to $2.11 million. Investors are monitoring how O'Malley's leadership will influence IPH's ongoing transformation and market performance.