PRESS DIGEST- Financial Times - Feb 20
Feb 20 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
MOSCOW Oct 6 Russian oil producer Rosneft may pay up to 330 billion roubles ($5.29 billion) for a controlling stake in mid-sized oil company Bashneft, Interfax news agency cited two sources familiar with the planned deal as saying on Thursday.
The deal to buy a stake of just over 50 percent in Bashneft, and all other accompanying agreements, are to be signed by Oct. 15, the agency reported. ($1 = 62.3694 roubles) (Reporting by Lidia Kelly; Writing by Dmitry Solovyov; Editing by Christian Lowe)
NEW YORK, Feb 19 U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft will turn its focus to another target.
LONDON, Feb 17 John Fallon needs to show he has a plan to navigate Pearson through the sinking sands of its main markets when the world's biggest education company reports full-year results.