February 12, 2020 / 12:51 AM / 14 days ago

PRESS DIGEST- Financial Times - Feb. 12

Feb 12 (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

KKR rules out bid for hospital operator NMC Health on.ft.com/3busewP

Commerzbank told to speed up restructuring by ECB on.ft.com/2OLICiB

Ofcom to be handed expanded role as internet watchdog on.ft.com/2ShNj5Z

Lloyd's of London taps mental health experts to overhaul culture on.ft.com/38lLRFc

Overview

Private equity firm KKR said on Tuesday it has not made a proposal nor discussed with NMC Health the terms of any possible offer, after the healthcare group announced approaches from KKR and GK Investment.

German lender Commerzbank was urged by European Central Bank to speed up its restructuring efforts with the region's top financial regulator expressing concern about lacklustre profitability.

British Broadcasting regulator Ofcom to become country's first internet watchdog, given the role of holding online platforms to account for illegal and harmful content.

Lloyd's of London said on Tuesday it has appointed Salesforce UK chief executive Jayne-Anne Gadhia to help overhaul a working culture dogged by allegations of harassment.

Compiled by Bengaluru newsroom

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