Press Digest: Financial Times - Dec. 20

Anadolu Efes Biracilik ve Malt Sanayii

20/12/2023 24:39

Dec 20 (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
    
    - Spain to buy 10% share in Telefónica in response to Saudi
stakebuilding
    
    - Raiffeisen and Deripaska skirt Russia sanctions with
€1.5bn deal
    
    - Turkish brewer to acquire AB InBev stake in Russian joint
venture
    
    - Signa puts Chrysler Building up for sale in urgent effort
to raise cash
    
    
    Overview
    
    - Spain is to buy a stake of up to 10% in Telefónica
 TEF.MC  in a bold response to a move by Saudi Arabia's STC
Group  7010.SE  to acquire 9.9% of the telecommunications
company.
    
    - Austria's Raiffeisen Bank International  RBIV.VI  has
concluded an asset swap arrangement with Oleg Deripaska that
skirts EU sanctions restrictions to hand the Russian oligarch
roubles worth 1.5 billion euros ($1.65 billion).
    
    - Turkish brewer Anadolu Efes has agreed to acquire AB
InBev's stake in a $1.3 billion Russian joint venture in a sign
of Turkey's continued close corporate ties to Russia, as Western
companies struggle to offload their assets in the country. 
    
    - Signa Holding is in negotiations to sell half of New
York's Chrysler Building to urgently raise cash, the collapsed
European property company's administrator has said, as he warned
of a protracted and financially painful wind-down ahead.
    
    


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