FT 21/02/19 | Vox Markets

FT 21/02/19

Sainsbury (J) (SBRY) takeover of Asda hits the watchdog’s wall. CMA’s tough stance on pricing concerns leaves £7.3bn supermarket deal on the brink

Barclays (BARC) ex-chairman ‘knew nothing’ of £280m Qatar deal. Marcus Agius tells trial of former executives he was unaware of fees behind £7.3bn in fundraisings

Glencore (GLEN) vows to cap global coal production. Trading and mining group has faced investor pressure over polluting fossil fuel

Standard Chartered (STAN) sets aside $900m for fines in US and UK. Emerging markets bank says funds will be used for ‘previously disclosed investigations

Lex – Sainsbury (J) (SBRY)/antitrust: Asdaburied. Regulator could be right to block the deal but its judgment is based on technocratic voodoo

Ashley (Laura) Holding (ALY) warns on full-year results in ‘turbulent market’. Homeware group reports sharp drops in furniture and decorating revenues

Flybe Group (FLYB) rejects attempt to disrupt Virgin takeover. Airline dismisses investors’ offer of £65m capital injection

Lloyds Banking Group (LLOY) signals ‘absolute confidence’ in UK despite Brexit fears. Britain’s largest retail bank affirms optimism by announcing £1.75bn share buyback and dividend boost

 

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Mentioned in this post

ALY
Ashley (Laura) Holding
BARC
Barclays
FLYB
Flybe Group
GLEN
Glencore
LLOY
Lloyds Banking Group
SBRY
Sainsbury (J)
STAN
Standard Chartered