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Press Digest: Financial Times - April 28

April 28 (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

Britain’s King Charles and Queen Camilla arrive on state visit to the U.S.

German energy giant nears 600 million pound deal to buy UK supplier Ovo

Shell buys Canadian shale producer ARC for $16 billion

Vinted hits 8 billion euro valuation after EQT-led deal

Paramount and Warner Bros to be nearly 50% foreign-owned after $111 billion takeover

Overview

Britain's King Charles and Queen Camilla arrived in the United States on Monday for a four-day trip, welcomed by self-proclaimed royal fan Donald Trump.

Germany’s E.ON EONGn.DE is closing in on a 550 million-600 million pound ($743.65 million-$811.26 million) deal for UK household gas and electricity supplier Ovo.

Shell SHEL.L has agreed to buy Canadian energy company ARC Resources ARX.TO in a $16.4 billion deal, paid for mostly with shares.

Second-hand fashion platform Vinted completed a secondary share sale of 880 million euros ($1.03 billion) that values the company at 8 billion euros. The sale was led by EQT, Schroders Capital, and Teachers’ Venture Growth.

Paramount Skydance PSKY.O has asked the U.S. Federal Communications Commission to greenlight foreign investments backing its acquisition of Warner Bros Discovery WBD.O. Current and expected foreign investors will own slightly less than 50% of Paramount's equity after the investments.

($1 = 0.7396 pounds)

($1 = 0.8539 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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