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PRESS DIGEST- Financial Times - July 1
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PRESS DIGEST- Financial Times - July 1
Jun 30, 2024 5:25 PM

July 1 (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

- BlackRock ( BLK ) agrees to buy UK data group Preqin for £2.55 bln

- Zurich and Aon launch insurance scheme to boost hydrogen

development

- Boots chief to depart after sale process stalls

- Boeing ( BA ) agrees to buy Spirit AeroSystems ( SPR ) in $4.7bn deal

Overview

- BlackRock ( BLK ) has agreed to buy UK data firm Preqin

for 2.55 billion pounds($3.22 billion)in cash.

- Zurich Insurance and broker Aon have

created a new insurance scheme for hydrogen production to boost

the development of a sector viewed as vital for the transition

to clean energy.

- The chief executive of Boots Sebastian James is leaving

his role after six years, as attempts by owner Walgreens Boots

Alliance ( WBA ) to list or sell the UK pharmacy chain have

stalled.

- Boeing ( BA ) agreed to buy Spirit AeroSystems ( SPR ) in

a deal valuing the airline supplier at $4.7 bln, after months of

negotiations, valuing the supplier at about $37.25 per share.

($1 = 0.7908 pounds)

(Compiled by Bengaluru newsroom)

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