PRESS DIGEST-Financial Times - Sept 22
Sept 22 (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
- France's Schneider to buy software developer Aveva for 9.5 bln stg https://on.ft.com/3dw1LF5
- UAE's ADNOC in talks for stake in Guvnor https://on.ft.com/3LA19up
- Wirecard CEO to face fraud trail later this year https://on.ft.com/3LAiVhf
- Britain announces subsidies to cut business' energy price by more than half https://on.ft.com/3xHw5n5
- Lebanon's banks to remain shut indefinitely after holdup sprees https://on.ft.com/3xHUZmk
Overview
- French industrial group Schneider Electric said it would move ahead with buying all of British software developer Aveva Plc at nearly 9.5 billion pounds ($10.67 billion).
- The Abu Dhabi National Oil Company has had early talks about acquiring or buying a stake in energy trader Guvnor, according to two people familiar with the discussions.
- A Munich district court accepted fraud charges against former Wirecard AG chief executive officer Markus Braun, making way for a trial later this year.
- Britain announced new subsidies that will cut the wholesale energy prices for business and public organisations this winter.
- Lebanon's banks will remain shut indefinitely after a spree of armed robberies by depositors seeking to access their savings, the country's banking association said on Thursday.
($1 = 0.8904 pounds) (Compiled by Bengaluru newsroom)