May 14 (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
- Apollo and Intel ( INTC ) enter talks to finance $11bn chip plant
in Ireland
- Anglo American rejects improved £34bn offer from BHP
- Chinese solar groups pull out of tender after EU
anti-subsidy probe
- Stellantis ( STLA ) in talks with Vale to invest in Indonesian
nickel smelter
Overview
- Intel ( INTC ) is in advanced talks for a deal with Apollo
Global Management ( APO ) in which the equity firm would provide
more than $11 billion to build a facility in Ireland.
- Anglo American rejected a raised takeover offer of
34 billion pounds ($42.69 billion) from BHP Group ( BHP ) on
Monday, saying the world's largest listed miner "continues to
significantly undervalue" the company.
- The European Commission will close its investigation into
Chinese bidders in a public tender for a solar park in Romania
after the companies withdrew from the process, European Industry
Commission Thierry Breton said on Monday.
- Stellantis ( STLA ) is in talks with Brazilian miner
Vale and China's Huayou Cobalt to invest
in a nickel smelter in Indonesia and secure supplies of the
battery metal critical to its electric vehicle expansion plans.
($1 = 0.7965 pounds)
(Compiled by Bengaluru newsroom)