Aug 13 (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
- Indian billionaire to buy 24.5% BT stake from Altice
- UK Treasury questions timetable on contentious fraud
compensation plan
- Rachel Reeves weighs PFI-style deal for 9 billion STG new
Thames crossing
- Carlyle explores 3 billion euro sale of Dutch salt and
chemicals producer Nobian
Overview
- India's Bharti Enterprises said it would acquire a 24.5%
stake in BT, worth 3.2 billion pounds ($4.09 billion), to
buy out the British company's top investor Patrick Drahi as his
Altice group speeds up asset sales to cut its debt burden.
- British finance minister Rachel Reeves is pushing UK
regulators to prove they are "taking seriously" their duty to
protect the City's competitiveness, as the Treasury raised
concerns over the autumn launch of a new anti-fraud regime.
- British finance minister Rachel Reeves is considering
seeking private finance to pay for a 9 billion pounds highway
and tunnel across the river Thames to the east of London in an
effort to keep the costs off the government's books.
- Carlyle Group ( CG ) has held discussions with investment
banks to initiate a potential sale process of Dutch salt and
chemicals producer Nobian.
($1 = 0.7831 pounds)
(Compiled by Bengaluru newsroom)