Press Digest: British Business - Jan 4

Houlihan Lokey

04/01/2024 01:10

Jan 4 (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
    - Labour shadow ministers are pressing the government over
national security risks from the 18 billion pounds ($22.80
billion) merger between Vodafone  VOD.L  and Three in the UK.
    
    - Activist hedge funds ValueAct Capital and Blackwells
Capital moved on Wednesday to back Walt Disney Co  DIS.N  as it
defends itself against a board challenge from a third activist
investor, Trian Fund Management.
    
    The Guardian
    - Several of UK's biggest carmakers lobbied the UK
government to try to weaken or delay rules to accelerate
electric car sales. 
    
    - Elon Musk's SpaceX launched a rocket on Tuesday, carrying
the first set of Starlink satellites that can beam signals
directly to smartphones from space.
    
        
    The Telegraph
    - Eurostar has been reprimanded for promoting cheap seats by
running "misleading" adverts, while regulators found that only a
tiny proportion of tickets between London, Paris and Brussels
were sold for a promised 39 pounds. 
    
    - Planemaker Airbus  AIR.PA  has made a non-binding offer of
1.5-1.8 billion euros ($1.64-$1.97 billion) for Atos's  ATOS.PA 
prized cybersecurity unit BDS, the French IT group said, as it
battles to strengthen its finances.
    
    
    Sky News
    - Heroes, which launched in 2020 and has raised over 200
million pounds from investors, is working with bankers at
Houlihan Lokey  HLI.N  on a potential sale. 
    
        - A number of online travel agents, including
Booking.com  BKNG.O , Kiwi and Kayak, stopped selling Ryanair
 RYA.I  flights in early December following legal and regulatory
pressure, but the move is not expected to materially affect
full-year profit, the Irish airline said.
    
    
   ($1 = 0.7896 pounds)
   ($1 = 0.9157 euros)

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