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PRESS DIGEST-British Business - Aug 14
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PRESS DIGEST-British Business - Aug 14
Aug 13, 2024 8:51 PM

Aug 14 (Reuters) - The following are the top stories on

the business pages of British newspapers. Reuters has not

verified these stories and does not vouch for their accuracy.

The Times

- Flutter Entertainment is set to buy Betnacional,

Brazil's biggest gaming operator for about 1 billion pounds

($1.29 billion).

The Guardian

- British homebuilder Bellway ( BLWYF ) has walked away from a

720 million pounds takeover bid for its smaller rival Crest

Nicholson after months of negotiations.

- The owner of the beauty brand Avon in the UK, Europe and

Latin America has filed for bankruptcy as it tries to off-load

more than $1 billion of debt, including millions of dollars in

liabilities linked to lawsuits alleging that talc in its

products caused cancer.

The Telegraph

- Post Office's IT chief is stepping down after overseeing a

botched attempt to replace the company's controversial Horizon

software.

Sky News

- Britain's energy regulator Ofgem on Tuesday approved the

3.4 billion pounds project for a 2 gigawatt electricity

'Superhighway' from Scotland to Yorkshire.

($1 = 0.7778 pounds)

(Compiled by Bengaluru newsroom)

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