FT 10/09/19 | Vox Markets

FT 10/09/19

BAE Systems (BA.) chief stands by Saudi Arabia deals. Woodburn defends doing business with regime as protests are expected at trade event

Lombard – Intu Properties (INTU) would be £550m bid bargain, but for £1bn debt. Orion unlikely to repeat its success with distressed retail assets in Spain

Chief of BA parent, International Consolidated Airlines Group SA (CDI) (IAG), faces grilling by investors. Willie Walsh to meet shareholders as shares fall and 1,700 flights grounded

PPI scandal hits £50bn after claims rise at Lloyds Banking Group (LLOY) and Barclays (BARC). UK banks are latest to report last-minute compensation surge in mis-selling fiasco

Primark owner warns margins will fall next year. Associated British Foods (ABF) says all preparations and contingencies for Brexit are complete

Shareholder approaches Eddie Stobart Logistics (ESL) for possible takeover. Private equity investor DBay eyes makes preliminary expression of interest in trucking group

Lex – Lloyds Banking Group (LLOY)/PPI: Horta-Osório’s £50bn legacy. Chief executive miscalculated badly when it came to PPI

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Mentioned in this post

ABF
Associated British Foods
BA.
BAE Systems
BARC
Barclays
ESL
Eddie Stobart Logistics
IAG
International Consolidated Airlines Group SA (CDI)
INTU
Intu Properties
LLOY
Lloyds Banking Group