May 30 (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
- BHP's 39 bln stg pursuit of Anglo American collapses
- Sony Music in talks to buy Queen's music catalogue for $1
bln
- Next UK government must forge better trade relations with
EU, says lobby group
- Junior doctors to strike ahead of UK election
Overview
- BHP's 39 billion pounds ($49.52 billion) takeover
bid for Anglo American has collapsed after a frenzied
six-week pursuit. In a last day of brinkmanship, BHP called for
an extension to talks, which Anglo rebuffed, before the
Australian mining company finally abandoned its takeover
attempt.
- Sony Music has created a financial vehicle titled "Rock
Bidco", incorporated on May 17, as the record company bids for
the music catalogue of British rock band Queen, which is
expected to fetch a billion-dollar sum.
- The next UK government must negotiate an improved trading
relationship with the EU as businesses face ever-higher costs
from Brexit, British Chambers of Commerce, one of the country's
biggest corporate lobby groups has warned.
- Junior doctors in England will go on strike for five days,
from June 27 to July 2, in the run-up to the UK general
election, after failing to reach an agreement with the
Conservative government to secure a better pay offer.
($1 = 0.7875 pounds)
(Compiled by Bengaluru newsroom)