Press Digest: Financial Times - Dec. 19

Software AG

19/12/2023 24:58

Dec 19 (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
    - Nippon Steel agrees to buy US Steel for $14.9 bln
    - Nikola founder Trevor Milton sentenced to 4 years for
fraud
    - Apple halts US sales of Watch before Christmas after
losing patent case
    - Software AG sells data platform to IBM for 2.1 bln euros
    
    Overview
    - Japan's Nippon Steel  5401.T  on Monday agreed to buy U.S.
Steel  X.N  for $14.9 billion. Nippon steel would pay $55 per
share represents a whopping 142% premium to Aug 11.
    
    - Trevor Milton, the convicted founder of electric- and
hydrogen-powered truck maker Nikola  NKLA.O , was sentenced to
four years in prison on Monday.
    
    - Apple  AAPL.O  said it would pause sales of its Series 9
and Ultra 2 smartwatches before Christmas after losing a patent
infringement dispute.
    
    - IBM  IBM.N  will buy one of Software AG's  SOWGn.DE 
business that helps companies to integrate applications and data
for 2.13 billion euros ($2.33 billion).
    


($1 = 0.9158 euros)

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