News Headline Summary

Pace (PIC LN) confirms that it has submitted an indicative, non-binding proposal to Google (GOOG)

- Proposal is to buy Motorola home business.
- PIC LN confirms talks with Google are now at a preliminary stage.

Reaction details:

- Co. shares have been suspended; traded GBP 1.85 last.

Print 15:20, 10 Dec 2012 - UK Equities - Source: Newswires