PRESS DIGEST- Financial Times – Sept 6


The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

VW confirms plan to list Porsche sports-car brand https://on.ft.com/3TKSngR EY bosses near decision to proceed with audit and consulting split https://on.ft.com/3Dh1oZB

Centrica seeks billions in additional financing as collateral demands soar https://on.ft.com/3AQDtNz Illumina to challenge Brussels over any block on Grail merger https://on.ft.com/3epOo9B

Overview Volkswagen will float a portion of its prized sports-car brand, Porsche, within weeks, in what is likely to be one of the largest-ever public debuts in Germany.

EY’s leaders are expected to give the go-ahead for a plan to split its audit and consulting businesses. Britain’s largest energy supplier Centrica Plc is in talks with banks to secure billions of pounds in extra credit to meet soaring collateral demands as the energy market remains volatile.

U.S. life sciences company Illumina is set to appeal against a forthcoming decision from the European Union antitrust regulators to block its $8 bln acquisition of cancer-screening start-up Grail. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



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