THE DAILY BRIEFING

BID BACKED Shareholders at City trading firm Nex Group have voted for a £3.9bn takeover bid by Chicago’s CME Group.

The deal was backed by more than three-quarters of investors, including Nex’s billionaire founder Michael Spencer, who has a 17pc stake and stands to pocket £670m.

If it goes through, investment banks, lawyers and other advisers on the cash and shares tie-up will net fees worth up to £110m.

FLAT OUT Flats have out-paced other property types in terms of price growth over the past five years, a Halifax report has found.

Flats have increased in value by 48pc, compared with a 41pc rise for terraced te homes, a 39pc increase for semi-detached s homes, a 38pc uplift for fo bungalows and a 27pc rise for detached d homes.

BOSS BOOST Charlotte Hogg, 47, the head of Visa Europe who was forced o to quit as a deputy governor of o the Bank of England because she failed fa to declare that her brother worked w at Barclays, insisted in an interview in that the exit had made her h a better boss.

TOP THREE The UK has been ranked ra in the world’s top three technology te hubs alongside the US and a China, a report by tech network Tech T Nation revealed.

ON TRIAL Gavin Black and Matthew th Connolly, two former Deutsche Bank B traders, are facing a US trial for fo allegedly rigging Libor rates. They T deny the charges.

NEW CHIEF Food manufacturer 2 Sisters has named former Muller boss b Ronald Kers as chief executive. He replaces Ranjit Singh Boparan, who becomes president of parent group Boparan Holdings.

SWEDE DEAL Payments group Paypal has bought Stockholmbased rival Izettle for £1.6bn.