Nov 1 (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 - Blackstone sells stake in 4 bln euros Spanish hotel chain to GIC - Vodafone to sell Spanish business to Zegona for up to €5bn - Madrid considers Telefónica stake as Saudi group builds holding - IG Group to cut 10% of workforce Overview - Blackstone Group is selling a stake in Spanish hotel group Hotel Investment Partners to Singaporean sovereign wealth fund GIC. GIC will acquire a 35% stake in the company in a deal that values HIP at more than 4 billion euros ($4.23 billion). - Vodafone has agreed to sell its Spanish business to Zegona Communications, a fund founded by two former Virgin Media executives for up to 5 billion euros. - The Spanish government is considering taking a stake in Telefónica, a move that would act as a counterweight to Saudi Arabia's STC Group, which has said it wants to acquire 9.9% of the company. - Online trading provider IG Group is to cut 300 jobs or 10% of its global headcount as it looks to simply the business to support future growth. ($1 = 0.9460 euros) (Compiled by Bengaluru newsroom)
PRESS DIGEST- Financial Times - Nov. 1
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...