Press Digest: British Business - Feb. 12

Link Real Estate Investment Trust

12/02/2020 01:34

Feb 12 (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
    
 - U.S. private equity firm KKR & Co Inc  KKR.N  has ruled
itself out of a bid for NMC Health Plc  NMC.L  after the
troubled private hospitals group said that it had been
approached. http://bit.ly/2SG99zj
 
    
 - Link Real Estate Investment Trust  0823.HK , which has
extensive property investments including shopping centres in
China, abandoned talks to support Intu Properties Plc's
 INTUP.L  planned equity raise at the end of this month.  http://bit.ly/2uuZLGG
    
    The Guardian
    
 - UK Prime Minister Boris Johnson has staked his political
reputation on delivering a "new anatomy of British transport"
that will boost capacity and cut fares and journey times, as
Downing Street seized control of the HS2 project and promised
massive new spending on infrastructure. http://bit.ly/37prC8E
    
 - The German digital bank N26 has blamed Brexit for its
decision to pull out of the UK and close more than 200,000
customer accounts. http://bit.ly/2waik3k
    
        
    The Telegraph
    
 - Troubled tycoon Vijay Mallya is appealing against his
extradition to face fraud charges in India, over claims
connected to $1.4 billion that his airline Kingfisher borrowed
from Indian banks before it went bust in 2012. http://bit.ly/2SC8VJd
    
 - British retailer Marks and Spencer Group Plc  MKS.L  has
poached a new finance chief, Eoin Tonge, from sandwich maker
Greencore Group Plc  GNC.L , who will compensated with up to 2.5
million pounds ($3.24 million) in Marks & Spencer shares after
giving up the right to Greencore stock. http://bit.ly/37moF8y
    
    Sky News
    
 - The economic impact of China's coronavirus outbreak is
already bigger than that caused by the spread of SARS in 2003,
the Bank of England governor Mark Carney has said. http://bit.ly/2SjXEi0
    
 - The UK retail sector has warned about disruption to the
supply of fruit and vegetables after Britain confirmed it will
introduce import controls on EU goods from January. http://bit.ly/2uD7bri
    



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 (Compiled by Bengaluru newsroom)
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