Press Digest: Financial Times - October 5

PTC

05/10/2026 24:56

Oct 5 (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
- Schneider Electric nears deal to buy industrial software group PTC for $20 billion
     
- AkzoNobel nears deal to sell its SE Asia decorative paint unit to Nippon Paint
     
- BT weighs improved TalkTalk offer after initial approach rejected
     
- Australian authorities probe Flydubai attacker’s links to country
     
     
Overview
- Schneider Electric SCHN.PA is closing in on a roughly $20 billion takeover of US engineering software provider PTC PTC.O in a deal that would be the French industrial conglomerate’s largest acquisition ever.
     
- Dulux owner AkzoNobel AKZO.AS is nearing a deal to sell its Southeast Asian decorative paints business to Nippon Paint4612.T, handing its Japanese rival a small victory after previous attempts at larger deals failed.
     
- BT BT.L is weighing an improved offer for UK broadband provider TalkTalk after an initial approach was rejected, as the telecoms group steps up its efforts to buy its heavily indebted rival.
     
- Australian authorities are investigating the Flydubai attacker’s ties to the country, as recriminations between various governments escalate after the attempted hijacking of a flight from Dubai to Tel Aviv last week.
     
     
     

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