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6 — Power Assets Holdings News Story

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Press Digest: Financial Times - Jan 16

Jan 16 (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 
     
    Luxottica and Essilor agree 50 bln euro merger 
    http://on.ft.com/2jNCtki 
     
    Facebook rolls out fake-news filtering service to Germany 
    http://on.ft.com/2ivHdKg 
     
    SpaceX mounts a comeback with successful rocket launch 
    http://on.ft.com/2jULwnC 
     
    Swan song for DUET Group as board approves Li Ka-shing bid 
    http://on.ft.com/2irYpF6 
     
    Overview 
     
    Italian eyewear maker Luxottica  LUX.MI  and French 
corrective eye lens maker Essilor  ESSI.PA  have agreed on a 50 
billion euros ($53.11 billion) merger, the Financial Times 
reported, citing people familiar with the matter. 
     
    Facebook Inc  FB.O  said on Sunday it would roll out 
measures to fact check and flag fake news in Germany, in an 
attempt to reduce dissemination of hoaxes ahead of election.  
         
    Elon Musk's SpaceX on Saturday launched its first rocket 
back into space since a launch pad explosion that halted 
operations for more than four months. The Falcon 9 blasted off 
from southern California to put into orbit 10 one-ton satellites 
for Iridium Communications Inc  IRDM.O , which will use them to 
enhance mobile voice and data relay capabilities.  
     
    Australian energy firm DUET Group's  DUE.AX  board approved 
a takeover offer from a consortium comprising of Cheung Kong 
Infrastructure Holdings Ltd  1038.HK , Cheung Kong Property 
Holdings Ltd  1113.HK  and Power Assets Holdings LTd  0006.HK  
to buy all its shares, valuing the company at A$7.37 billion  
($5.51 billion). 
 
($1 = 1.3365 Australian dollars) 
 
($1 = 0.9414 euros) 
 
 (Compiled by Rama Venkat Raman in Bengaluru) 
 ((ramavenkat.raman@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 80 6749 7151; Reuters Messaging: 
ramavenkat.raman.thomsonreuters.com@reuters.net)) 
 
Keywords: BRITAIN PRESS/FT

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