April 24 (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
- Ithaca Energy agrees 750 million stg deal for most of
Eni's UK oil and gasfields
- Pendragon owner to cut hundreds of jobs in used car
overhaul
- Two UK water companies lack complete maps of sewage
networks
- JD Sports to deepen US reach with $1 billion bid for
Hibbett ( HIBB )
Overview
- Ithaca Energy has agreed on a deal to acquire
almost all of Eni's UK oil and gas fields in a
transaction worth about £750mn that will turn the London-listed
company into one of the North Sea's largest producers.
- US group Lithia, which recently acquired Stratstone
and Evans Halshaw dealerships from Pendragon, is preparing to
cut hundreds of jobs due to a plunge in the supply of used cars
post-pandemic.
- Thames Water and Southern Water, two of Britain's biggest
water companies have failed to map large parts of their sewage
networks, underscoring the challenge facing privatised utilities
as they try to fix their poor environmental record and reduce
spills.
- British sportswear chain JD Sports is accelerating
its push into the U.S. by snapping up New York-listed rival
Hibbett ( HIBB ) in a $1.1 billion deal, its biggest acquisition
to date.
(Compiled by Bengaluru newsroom)