Jefferies (JEF) is not interested in selling right now, according to CNBC sources

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

QatarEnergy says it declared force majeure on LNG contracts with Italy, Belgium, South Korea, and China; two LNG trains and one GTL train damaged at Ras Laffan in attacks on March 18th-19th

BoE's Pill: "I stand ready to act – if necessary – to contain the lasting components of any new inflationary pressures so as to deliver on the MPC’s price stability mandate over the medium term"

Jefferies (JEF) is not interested in selling right now, according to CNBC sources

Situation with Qatar LNG supplies can accelerate development of Argentine LNG projects, Tecpetrol CEO says

Sirens are sounding in various regions of Jordan, Sky News Arabia reports

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

Jefferies' indication of no current interest in selling could suggest management is confident in their growth strategy or current valuations. This resistance to M&A interest may stabilize their stock, but it could also keep pressure on valuations if investors were hoping for a strategic sale. How this affects sector sentiment and comparables in banking will be essential to monitor.

Related headlines

The feed had this first.

Use the Platform