Press Digest: Financial Times - March 28

Liberty Media

28/03/2024 01:16

March 28 (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
    
    - Ithaca Energy in exclusive talks for Eni's UK upstream
assets
    
    - Formula One owner closes in on EUR 4 bln deal for MotoGP
    
    - Endeavour Mining says probe found 'disguised' payments of
$15 mln
    
    - Thames Water board locked in crisis talks about £3bn
funding plan
    
    Overview
    
    - Ithaca Energy  ITH.L  is in exclusive talks to take over
Italian oil major Eni's  ENI.MI  UK upstream assets, in what
would be a major deal among North Sea oil and gas producers hit
by Britain's windfall tax.
    
    - Formula One owner Liberty Media  FWONA.O  is in exclusive
talks to buy the company that owns MotoGP for more than 4
billion euros ($4.32 billion), in a deal that would unite the
elite car and motorcycle racing series.
 
    - Endeavour Mining  EDV.L  said an investigation into former
chief executive Sébastien de Montessus had discovered two more
"deliberately disguised" payments totalling $15 million to an
unnamed third party.
    
    - The board of Thames Water was locked in crisis talks on
Wednesday after shareholders refused to confirm they would
provide about 3 billion pounds ($3.79 billion) of fresh equity
that is necessary for its survival.

($1 = 0.9252 euros)

($1 = 0.7925 pounds)

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