Press Digest: Financial Times - Oct. 16

Restaurant

16/10/2023 01:48

Oct 15 (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
    - Santander prepares $250 mln expansion of investment bank
    - Merck to open 1 bln pound London research centre with plea
for government support of industry
    - Activist Oasis stands to net 40 mln pound profit from
Wagamama owner sale
    - French IT services group Atos to replace Meunier as chair
    
    Overview
    - Spain's Santander  SAN.MC  has set aside $250 million to
charge the expansion of its corporate and investment bank over
the next two years. 
    
    - Merck's  MRK.N  research chief Dean Li has called on the
British government to make the country more welcoming to pharma
companies, ahead of the US-based drugmaker breaking ground on a
1 billion pound ($1.22 billion) research centre in London next
week. 
    
    - Oasis Management that waged an activist campaign pushing
for a shake-up at Wagamama owner The Restaurant Group  RTN.L 
stands to net 40 million pounds in profit from its position
after private equity giant Apollo Global  APO.N  made a surprise
bid for the restaurant operator.
    
    - The chair of French IT firm Atos  ATOS.PA  Bertrand
Meunier is set to step down, throwing the restructuring and
asset sale plan he had championed into uncertainty. 
    
    
    
($1 = 0.8228 pounds)

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