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Legal and General shares rise as CEO rules out company sale

L&G shares rose 5 percent after CEO Antonio Simoes ruled out a sale. The move marks the largest one-day gain for the British insurer since late 2024.

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LEGAL & GENERAL GROUP PLC shares rose 4.7% in the United Kingdom on Thursday after its CEO denied sale rumors. The jump marks the largest single-day gain for the insurer since December 2024. Investors are reacting to the rejection of break-up speculation that has weighed on the stock this year.

CEO Rejects Break-up Speculation
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