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PRESS DIGEST- Financial Times - Jan. 7
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PRESS DIGEST- Financial Times - Jan. 7
Jan 6, 2025 7:49 PM

Jan 7 (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

- Bet365 boss Denise Coates' pay nearly halved to 150 mln

stg last year

- Shawbrook owners target 2 bln stg valuation as they weigh

sale or IPO

- UK high-speed rail line told to cut charges

- Nippon Steel ( NISTF ) and US Steel sue after Joe Biden blocks $15

bln deal

Overview

- British gambling firm Bet365's boss Denise Coates saw her

annual payout from the family's gambling empire nearly halved to

150 million pounds ($187.80 million) last year, yet she remains

one of the UK's wealthiest executives.

- UK-based Shawbrook's private equity owners

are considering a sale of the lender or a London listing at a

target valuation of 2 billion pounds, signaling a rare positive

development for the UK capital after a challenging year for its

main stock market.

- HS1 Ltd, the owner of Britain's only high-speed railway,

has been told to lower the charges that train operators

including Eurostar pay to use the line linking London to the

Channel Tunnel.

- Nippon Steel ( NISTF ) and U.S. Steel have filed two

lawsuits in the US alleging "wrongful interference" after

President Joe Biden blocked the proposed $15 billion acquisition

of U.S. Steel days earlier.

($1 = 0.7987 pounds)

(Compiled by Bengaluru newsroom)

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