Press Digest: Financial Times - Feb 14

Rothschild & Co SCA

14/02/2023 01:54

Feb 13 (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
    - Liberty Global buys 5% stake in Vodafone worth 1.2 bln
pounds
    - Teddy Sagi launched 1.25 bln pound takeover bid for Kape
Technologies
    - FCA to gain powers to crack down on buy now pay later
firms
    - Chanel owner among French families backing Rothschild
delisting
    Overview
    - U.S. telecoms group Liberty Global Plc  LBTYA.O  has
bought a stake of almost 5% in Vodafone Group Plc   VOD.L  worth
1.2 billion pounds ($1.46 billion) as it bets on the revival of
its UK rival.
    - UK-listed tech company Kape Technologies Plc  KAPE.L  is
considering going private after receiving a 1.25 billion pound
($1.52 billion) takeover offer from majority owner, Israeli
billionaire, Teddy Sagi. 
    - Draft government proposals to protect consumers include
giving UK's financial watchdog, the Financial Conduct Authority,
powers to clamp down on 'buy now pay later' companies, including
banning them from further lending.  
    - Investment bank Rothschild & Co SCA  ROTH.PA  have
enlisted some of Europe's wealthiest families, like the brothers
behind the Chanel group, the Peugeot family, among others to
help take the bank private in a deal that values it at 3.7
billion euros  ($3.97 billion).
($1 = 0.8237 pounds)
($1 = 0.9321 euros)
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))