The FT 11/02 | Vox Markets

The FT 11/02

Geely and Volvo Cars plan merger and listing. Chairman Li Shufu seeks to create China’s first global carmaker.

Xerox raises its takeover offer for HP. Proposed deal values the personal computer maker at about $35bn including debt.

The UK watchdog probes the mystery of top NMC Health (NMC) investors. FCA and group seek to clarify positions of BR Shetty and other leading shareholders.

Former Google CFO quits as chair of Oxford university spin-off arm. Patrick Pichette follows chief executive out of £600m investment business.

BDO sued for up to £250m over the London tower sale. Liquidators say the firm that sold the original One Blackfriars building failed to obtain valuation for the site.

Deutsche Bank to sell first contingent convertible in 6 years. Major step for Germany’s largest lender after years of tackling crises.

Simon Property to buy rival mall owner Taubman in a $3.6bn deal. Transaction comes as the shopping centre group also closes in on Forever 21 deal.

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