Press Digest: British Business - June 15

Brookfield Property Partners LP

15/06/2023 01:31

June 15 (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
    - London Stock Exchange suffered a fresh setback after WE
Soda abruptly abandoned a planned 6 billion pound ($7.60
billion) flotation hailed as the City's biggest initial public
offering in two years.
    
    The Guardian
    - The European Union has ordered Google  GOOGL.O  to sell
part of its advertising business, to address concerns about
anti-competitive practices, EU regulators said on Wednesday.
        
    The Telegraph
    - British Prime Minister Rishi Sunak has abandoned plans to
ask supermarkets to impose a voluntary price cap on basic goods
after a backlash from retailers, the Telegraph reported on
Wednesday.
    
    
    Sky News
    -     Singapore's Government Investment Corporation (GIC) is
in talks to table a joint bid of 4 billion pounds ($5.07
billion) for Center Parcs  BPYPN.O  with private equity investor
KSL Capital Partners.
    
    
    The Independent
    - Vodafone  VOD.L  and CK Hutchison  0001.HK  unveiled the
long-awaited 15 billion pound ($19.00 billion) merger of their
British mobile operations on Wednesday, saying the creation of a
new market leader would help drive competition and investment.
   


($1 = 0.7895 pounds)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))