March 17 (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
- A group of Thames Water's creditors have offered 3.35
billion pounds ($4.45 billion) of new equity and up to 6.55
billion pounds of new debt as part of their latest bid to rescue
Britain's biggest water company.
- Financial services firm StoneX Group ( SNEX ) proposed an
all-cash acquisition of CAB Payments ( CABPF ), valuing the
cross-border payments provider at 241.4 million pounds ($321.01
million).
The Guardian
- National Car Parks, Britain's largest car park operator,
has gone into administration, appointing PricewaterhouseCoopers
(PwC) as administrator after struggling to meet looming rent and
creditor payments.
- Chinese-owned Syngenta will invest 100 million pound to
build a research centre for agricultural bioscience at its
Jealott's Hill site in Berkshire.
The Telegraph
- Close Brothers said it "strongly disagrees" with
short seller Viceroy Research's report saying it was short the
British financial services firm.
- Building materials firm CRH announced intention to
delist from the London Stock Exchange and cancel preference
shares.
Sky News
- American real estate giant StepStone in talks to
buy stake in 4.5 billion pound recapitalisation of Center Parcs
UK.
The Independent
- Britain's corporate registry Companies House said a glitch
in its online filing service had allowed people to view and edit
information for other businesses and their directors, a flaw
that may have gone undetected for five months.
- Global beauty retailer Sephora said it will open its first
stores in Scotland this summer, with new outlets in Glasgow and
Edinburgh marking the brand's debut in the country three years
after launching its first UK shop in London.
($1 = 0.7520 pounds)
(Compiled by Bengaluru newsroom)