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PRESS DIGEST-Financial Times - May 23
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PRESS DIGEST-Financial Times - May 23
May 22, 2024 10:09 PM

May 23 (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

- Hargreaves Lansdown rejects 5-bln-pound private-equity

takeover approach

- Anglo American extends deadline for BHP takeover after

rejecting improved bid

- BDO underdog wins race to lead UK's fifth-largest

accounting firm

Overview

- British investment platform Hargreaves Lansdown

has rejected a 4.67 billion pounds ($5.94 billion) takeover

approach from a consortium of private equity firms, including

CVC Capital Partners and a subsidiary of Abu Dhabi's sovereign

wealth fund.

- Anglo American has agreed to extend talks with BHP

over a takeover bid, keeping the prospect alive of the

largest-ever deal in the mining sector, even after the

London-listed miner rejected a third 38.6 billion pound

proposal.

- Partners at BDO have elected Mark Shaw to lead Britain's

fifth-largest accounting firm, in a surprise win for the firm's

head of business restructuring.

($1 = 0.7859 pounds)

(Compiled by Bengaluru newsroom)

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