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PRESS DIGEST- Financial Times - March 28
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PRESS DIGEST- Financial Times - March 28
Mar 27, 2024 6:36 PM

March 28 (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

- Ithaca Energy in exclusive talks for Eni's UK upstream

assets

- Formula One owner closes in on EUR 4 bln deal for MotoGP

- Endeavour Mining ( EDVMF ) says probe found 'disguised' payments of

$15 mln

- Thames Water board locked in crisis talks about £3bn

funding plan

Overview

- Ithaca Energy is in exclusive talks to take over

Italian oil major Eni's UK upstream assets, in what

would be a major deal among North Sea oil and gas producers hit

by Britain's windfall tax.

- Formula One owner Liberty Media ( LLYVB ) is in exclusive

talks to buy the company that owns MotoGP for more than 4

billion euros ($4.32 billion), in a deal that would unite the

elite car and motorcycle racing series.

- Endeavour Mining ( EDVMF ) said an investigation into former

chief executive Sébastien de Montessus had discovered two more

"deliberately disguised" payments totalling $15 million to an

unnamed third party.

- The board of Thames Water was locked in crisis talks on

Wednesday after shareholders refused to confirm they would

provide about 3 billion pounds ($3.79 billion) of fresh equity

that is necessary for its survival.

($1 = 0.9252 euros)

($1 = 0.7925 pounds)

(Compiled by Bengaluru newsroom)

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