Press Digest: Financial Times - Aug 12

Just Eat Takeaway.com NV

12/08/2025 03:07

Aug 12 (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

- AXA IM in talks to take stake in Telefonica Spanish fibre venture

- Donald Trump says gold imports will not face U.S. tariffs

- Brussels approves 4.1-billion-euro acquisition of Just Eat Takeaway by Prosus

- Oxford Nanopore chief to step down after two decades

Overview

- AXA Investment Management is in advanced talks to take a significant minority stake in a fibre optic broadband joint venture between Telefonica TEF.MC and Vodafone Spain, in a deal that could yield hundreds of millions of euros for the telecoms companies.

- U.S. President Donald Trump said that Washington would not impose tariffs on imported gold, easing fears of disruption in the world's bullion market.

- The European Commission has approved the 4.1-billion-euro  ($4.76 billion) takeover of Just Eat Takeaway TKWY.AS by Prosus PRX.AS, after the technology investment group offered to make significant concessions in order to gain permission for the food-delivery deal.

- Oxford Nanopore ONT.L Chief Executive Gordon Sanghera plans to step down next year.

($1 = 0.8606 euros)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))