Press Digest: Financial Times - October 7
PRESS DIGEST-Financial Times - October 7 Oct 7 (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
- Informa to buy rival events business Clarion from Blackstone for £2.2 billion
- Asos investigating after app notification warned customers of 'hack'
- Goldman Sachs and Man Group exposed in EY data breach
- France's BPCE buys 'friendly' stake in Spain's Sabadell
Overview
- Britain's Informa INF.L said it would buy events organiser Clarion for £2.24 billion ($2.97 billion)and separate its Taylor & Francis academic publishing arm, as it focuses on expanding its fast-growing live events business.
- British online fashion retailer ASOS ASOS.L is investigating a suspected cyber attack after hackers hijacked the fashion retailer's own app to claim a data breach and threaten the company.
- Clients of Goldman Sachs' wealth management division and UK-listed hedge fund Man Group EMG.L are among the victims of a major data breach at Big Four accounting firm EY.
- France's BPCE has bought a 7% stake in Spanish lender SabadellSABE.MC in a "friendly" deal, a year after BBVA's hostile takeover approach on its domestic peer collapsed.
($1 = 0.7547 pounds)
(Compiled by Bengaluru newsroom)
Recent news on Man
See all newsDirector/PDMR Shareholding
UK's Man Group falls after London court ruling in Kuwait pension fund lawsuit
Brief: Man Group Disagrees With Judgment In PIFSS Claim, In Respect Of Both Liability And Quantum
Kuwait pension fund wins London case over money stolen by late director (updated)
Kuwait pension fund wins UK lawsuit to recoup money 'stolen' by late director