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PRESS DIGEST- Financial Times - March 3
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PRESS DIGEST- Financial Times - March 3
Mar 2, 2025 6:28 PM

March 3 (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

- UK and France aim for new Ukraine peace deal after White

House fracas

- Prada edges closer to buying Versace for about 1.5 billion

euros

- Clearlake to buy majority stake in ModMed that values it

at $5.3 billion

- Toughen UK worker rights bill to curb 'rogue employers',

MPs say

Overview

- Prada became a frontrunner to buy Versace from

Capri Holdings ( CPRI ) for about 1.5 billion euros ($1.56

billion), in a move that would combine two of Italy's best known

luxury fashion brands.

- Private equity group Clearlake Capital is close to

clinching a deal to buy a majority stake in healthcare software

company Modernizing Medicine in a deal that values the group at

$5.3 billion, including debt.

- Britain and France are to lead a desperate European

attempt to salvage peace hopes in Ukraine, after last week's

explosive meeting between U.S. President Donald Trump and his

Ukrainian counterpart Volodymyr Zelenskiy.

- The UK government should toughen its reforms to workers'

rights to ensure "rogue employers" cannot exploit loopholes in

the legislation, a cross-party committee of MPs said on Monday.

($1 = 0.9598 euros)

(Compiled by Bengaluru newsroom)

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