The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to rise around 0.4% this morning with the futures market pointing to a 23-point gain at the open. That follows a mostly positive session for international markets to end last week.
Here's a quick recap:
- FTSE 100 (UK): up 1.0%
- DAX (Germany): up 0.83%
- CAC 40 (France): up 0.28%
- Dow Jones (USA): up 0.49%
- NASDAQ (USA): up 0.4%
Cleanaway Waste Management Ltd (ASX: CWY) has entered into a scheme implementation deed to acquire 100% of Tox Free Solutions Limited (ASX: TOX) for $3.425 per share, representing a premium of 20.6% over the company's last closing price.
Cleanaway's shares will be placed in a trading halt today as the group raises capital to help fund the deal, although Tox Free Solutions' shares could certainly receive some attention.
The Retail Food Group Limited (ASX: RFG) share price could also receive some attention following a report by Fairfax Media that highlighted the 'brutal reality' of Australia's franchise king. The company's shares have lost 37% of their value year-to-date and could receive further scrutiny today.
Speaking of Fairfax Media Limited (ASX: FXJ), its shares rose 5.7% on Friday, making it the top-performing share from the ASX 200 cohort and could thus receive more attention today. The same can be said for Domain Holdings Australia Ltd (ASX: DHG), which rose 4.4%.
