Jan 30 (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
-Harland & Wolff's new owner pledges $124.50 mln to revive
British shipbuilder
-British car parts group Dowlais ( DWLAF ) agrees $1.49 bln U.S.
takeover
-Lloyds Bank to shut another 136 branches across Britain
Overview
-Harland & Wolff's new Spanish owner, Navantia, will invest
100 million pounds ($124.50 million) to reactivate the British
shipbuilder and deliver a key Royal Navy contract while pushing
for new orders that will "determine the future of the company".
-Dowlais ( DWLAF ), the former automotive division of GKN, has
agreed to be acquired by American Axle & Manufacturing ( AXL )
in a cash-and-shares deal valuing it at about 1.16 billion
pounds ($1.44 billion) as the two groups seek scale to survive
the transition to electric vehicles.
-Lloyds Banking Group ( LYG ) will close 136 branches
across Britain as it seeks to adapt to customers' shift to
digital banking, the high-street lender announced on Wednesday.
($1 = 0.8032 pounds)
(Compiled by Bengaluru newsroom)