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PRESS DIGEST-Financial Times - April 26
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PRESS DIGEST-Financial Times - April 26
Apr 25, 2024 7:26 PM

April 26 (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 plans 31 billion pounds bid for Anglo American but

attracts ire from South Africa and shareholders

- PwC picks consultant Marco Amitrano as next UK senior

partner

- LSE Group investors back doubling chief's pay to US levels

- Unilever ( UL ) says new laxer environmental targets aim for

'realism'

- Stellantis ( STLA ) boss slams 'terrible' UK electric vehicle

policy

Overview

- Australia-based BHP on Thursday proposed buying

rival Anglo American in a 31-billion-pound ($38.75

billion) all-stock deal that provoked a backlash from the South

African government and leading shareholders.

- PwC's partners have elected consultant Marco Amitrano to

lead one of Britain's largest professional services firms, after

a three-way race that included female candidates on the

shortlist for the first time.

- London Stock Exchange Group's ( LDNXF ) shareholders have

backed a proposal to double the pay of its chief executive to a

maximum possible 13.1 million pounds ($16.38 million), making

David Schwimmer one of the top-paid FTSE 100 bosses.

- The chief executive of consumer goods giant Unilever ( UL )

has admitted the company underestimated how hard it

would be to meet environmental targets, saying the company's new

laxer ESG goals aimed for "realism" instead.

- Britain's electric vehicle policy is "terrible" and

threatens to bankrupt carmakers, the head of Vauxhall owner

Stellantis ( STLA ) warned on Thursday.

($1 = 0.7999 pounds)

(Compiled by Bengaluru newsroom)

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