Press Digest: Financial Times - October 7
PRESS DIGEST-Financial Times - October 7 Oct 7 (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
- Informa to buy rival events business Clarion from Blackstone for £2.2 billion
- Asos investigating after app notification warned customers of 'hack'
- Goldman Sachs and Man Group exposed in EY data breach
- France's BPCE buys 'friendly' stake in Spain's Sabadell
Overview
- Britain's Informa INF.L said it would buy events organiser Clarion for £2.24 billion ($2.97 billion)and separate its Taylor & Francis academic publishing arm, as it focuses on expanding its fast-growing live events business.
- British online fashion retailer ASOS ASOS.L is investigating a suspected cyber attack after hackers hijacked the fashion retailer's own app to claim a data breach and threaten the company.
- Clients of Goldman Sachs' wealth management division and UK-listed hedge fund Man Group EMG.L are among the victims of a major data breach at Big Four accounting firm EY.
- France's BPCE has bought a 7% stake in Spanish lender SabadellSABE.MC in a "friendly" deal, a year after BBVA's hostile takeover approach on its domestic peer collapsed.
($1 = 0.7547 pounds)
(Compiled by Bengaluru newsroom)