March 20 (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
- Ted Baker preparing to appoint administrators
- Telegraph takeover by RedBird IMI faces regulatory probe
- AstraZeneca ( AZN ) strikes $2.4 bln deal for radiotherapy biotech
Fusion
- Unilever ( UL ) to split off ice cream business and cut 7,500
jobs
Overview
- British fashion retailer Ted Baker is on the brink of
collapse unless it finds a new business partner, casting doubt
over the future of hundreds of high street jobs at the UK
fashion brand.
- Telegraph Media Group's takeover by Abu Dhabi-backed
RedBird IMI could face an in-depth regulatory review, giving the
UK government more time to change the law to formally block the
deal in the next few months.
- AstraZeneca ( AZN ) said it has agreed to buy
clinical-stage biopharmaceutical company Fusion Pharmaceuticals
Inc ( FUSN ) for $2.4 billion.
- Unilever ( UL ) said it would spin off its ice cream
unit, home to popular brands such as Magnum and Ben & Jerry's ( UL ),
and cut 7,500 jobs in a new cost-savings programme.
($1 = 0.7862 pounds)
(Compiled by Bengaluru newsroom)