Financial Times – May 10

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PRESS DIGEST- Financial Times – May 10

May 10 (Reuters)The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

– Anglo American’s South Africa investors open to improved BHP bid

– Todd Boehly’s investment house in advanced talks to buy private credit firm

– Jeff Zucker expresses regret over failed Telegraph deal

– Supplier to Boeing and Airbus warns against break-up of Northern Ireland facility

Overview

– Anglo American’s AAL.L key South African shareholders are open to a takeover offer from BHP BHP.AX, despite government concerns that the miner’s more than 30 billion pounds ($37.53 billion) proposal is bad for Africa’s most industrialised economy.

– U.S. financier Todd Boehly’s investment house Eldridge Industries is in advanced talks to buy European private credit firm Hayfin Capital Management.

– RedBird IMI boss Jeff Zucker said he regrets not completing the acquisition of the Spectator magazine last year before being dragged into a months-long UK government probe that ultimately blocked the deal.

– The head of Spirit AeroSystems SPR.N UK has warned the potential break-up of its Northern Ireland operations in the event of a sale would be “extremely detrimental” to their future and the region’s aerospace industry.

($1 = 0.7993 pounds)

(Compiled by Bengaluru newsroom)



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