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Press Digest: Financial Times - October 7

PRESS DIGEST-Financial Times - October 7

- 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)

((globalnewsmonitoring@thomsonreuters.com))

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