PRESS DIGEST- Financial Times - May 29
May 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
March 14 U.S. electronics payments provider Euronet Worldwide Inc said on Tuesday it offered to buy money-transfer company MoneyGram International Inc for $15.20 per share, trumping Ant Financial's bid of $13.25 per share.
MoneyGram said its offer for each MoneyGram common share and preferred stock, on an as-converted basis, valued the company at more than $1 billion, in addition to the assumption of about $940 million of MoneyGram's debt outstanding.
Ant Financial Services Group, the payment affiliate of Chinese e-commerce firm Alibaba Group Holding Ltd, on Jan. 26 offered to buy MoneyGram in a deal valued at about $880 million. Ant Financial also said it would assume or refinance MoneyGram's outstanding debt. (Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D'Souza)
May 29 London's Heathrow Airport said early on Monday that there were still some disruptions to British Airways flights from the airport following a global computer system failure at the airline.
May 29 Gold held near its highest in four weeks on Monday after rising almost 1 percent in the previous session, buoyed as geopolitical tensions boosted its safe-haven appeal. FUNDAMENTALS * Spot gold was flat at $1,266.40 per ounce at 0044 GMT. On Friday, it climbed 0.9 percent to touch its strongest since May 1 at $1,269.50. * U.S. gold futures slipped 0.1 percent to $1,266.4 an ounce. * North Korea fired what appeared to be a shor