FTSE 100 Live: Stocks surge higher at open as HSBC and miners rally

The revised offer from BasePoint's acquisition vehicle comprises 235p in cash plus a 15p special dividend, bringing the total consideration to 250p per share, compared with 235p previously. It also is in addition to the final dividend of 9p per share, which shareholders will be permitted to retain.International Personal Finance is up 6.6% after US private equity group BasePoint Capital raised its recommended bid and the company simultaneously reported a stronger-than-expected full-year result.Streeter says ...