PRESS DIGEST- Financial Times - June 26
June 25 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
MOSCOW Dec 7 Commodities trader and mining group Glencore and Qatar's sovereign wealth fund are together buying a 19.5-percent stake in state-controlled Russian oil company Rosneft, the Kremlin said on Wednesday.
Russia will receive 10.5 billion euros ($11.3 billion) from the deal and will prepare a scheme for foreign currency conversion to avoid financial market volatility, the Kremlin spokesman told reporters. ($1 = 0.9301 euros) (Reporting by Polina Devitt and Elena Fabrichnaya; Editing by Greg Mahlich)
June 25 Russian billionaire Mikhail Fridman's fund L1 Retail has agreed to buy health food chain Holland & Barrett for about 1.8 billion pounds ($2.3 billion), according to a source familiar with the matter.
WELLINGTON, June 26 New Zealand pay television provider Sky Network TV on Monday said it was terminating a sales agreement to buy Vodafone's local unit, a deal the country's competition regulator had ruled against.