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PRESS DIGEST- Financial Times - April 29
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PRESS DIGEST- Financial Times - April 29
Apr 28, 2024 5:22 PM

April 29 (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

- KKR-backed Mediawan to buy Germany's Leonine

- UK to launch shock operation to detain asylum seekers

- UK's Conservative party rebels aim to oust Sunak if party

suffers big losses in local elections

- French state seeks to acquire Atos' strategic activities

Overview

- Mediawan, the KKR-backed French television and

film production group behind Call my Agent, has agreed to

acquire a German rival Leonine at about 500 million euros

($535.15 million), in a sign of how sector consolidation is

accelerating to feed the appetite of streaming video platforms.

- The British Home Office will launch a UK-wide operation on

Monday to detain asylum seekers in preparation to remove them to

Rwanda.

- British Prime Minister Rishi Sunak will face a challenge

to his leadership if the Conservatives suffer heavy losses and

lose high-profile mayors in Thursday's local elections,

rightwing Conservative rebels have claimed.

- The French government sent a letter of intent to Atos

over the weekend, with the aim of acquiring all of its

activities that the state deems strategic, as the IT consulting

firm strives to restructure its debt.

($1 = 0.9343 euros)

(Compiled by Bengaluru newsroom)

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