City snapshot: Nestlé buys Canadian supplement company Atrium for $2.3bn.

Nestlé (NESN) has agreed a deal to buy privately-held nutritional health products producer Atrium Innovations to expand its global consumer goods business. Plus Poundland owner Steinhoff’s shares plunge amid accounting irregularity, £3.4bn European shopping centre merger, supermarket shares surge and all the rest of the latest news from the City.