January 22, 2020 / 1:37 AM / 2 months ago

PRESS DIGEST- Financial Times - Jan. 22

Jan 22 (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

- Buyout group Melrose considers sale of chunk of Nortek on.ft.com/3auJbqp

- Amundi pays 430 million euros to acquire Sabadell Asset Management on.ft.com/2G9zKyI

- UK fintech Monese to exceed 1 billion pounds value with latest fundraising on.ft.com/2tDkyqQ

Overview

- British buyout specialist, Melrose Industries PLC is considering the sale of its Nortek division's Global HVAC and air quality and home solutions businesses for more than $3 billion.

- Paris-based asset manager Amundi SA will acquire Spanish lender Banco de Sabadell's fund arm Sabadell Asset Management with a cash deal of 430 million euros ($476.57 million).

- UK based fintech Monese is in talks to raise 100 million pounds ($130.51 million) from investors in a deal that is expected to make it the latest British technology "unicorn".

$1 = 0.9023 euros $1 = 0.7662 pounds Compiled by Bengaluru newsroom

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