Press Digest: British Business - October 1
PRESS DIGEST-British Business - October 1 Oct 1 (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
British AI start-up ElevenLabs said it completed a $300 million employee share sale, valuing the company at $22 billion.
Fintech firm Zilch has opened discussions with investment banks about a potential London initial public offering as early as next year.
The Guardian
Britain's largest fast-food chain, Greggs GRG.L, plans to close four of its factories, which could result in 740 job losses over the next two and a half years.
Poundland's management is in talks to lead a bid for the discount retailer that could save up to 11,000 jobs.
The Telegraph
Green Party leader Zack Polanski urged Ed Miliband to block the development of Rosebank oil field over Ithaca Energy's ITH.L alleged Israeli ties.
ExxonMobil's XOM.N Fawley refinery in Hampshire will close for up to 10 weeks for planned maintenance, adding to fears about a squeeze on fuel supplies.
Sky News
Private equity firm Epiris, which is seeking to buy TalkTalk's wholesale arm, has approached BT Group BT.L to seek a waiver of over £100 million ($132.52 million) in payments.
Insurance broker Howden Group is in advanced talks to appoint Jeremy Darroch as its next chairman.
($1 = 0.7546 pounds)
(Compiled by Bengaluru newsroom)
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