United Kingdom

Mergers & Acquisitions

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UPDATE 1-Airbus Group to merge with planemaking unit

* Group looking to reshape digital operations (Adds details, quote background)

Airbus Group to merge with planemaking unit

PARIS, Sept 30 Airbus Group said on Friday it would merge with its planemaking unit and simplify its brand and management structure, marking a break with its complex corporate roots as it prepares for tougher expected competition.

Regulatory News 7:15am BST

INSIGHT-Gut feeling: new CEO to steer Nestle down uncharted health path

LONDON, Sept 30 Switzerland's Nestle, the world's largest food company, wants to tune up your guts.

Regulatory News, 7:00am BST

UPDATE 2-British Steel back in profit after spin-off from Tata

* Company work with govt to create level playing field (Adds details, background, comment)

29 Sep 2016

UPDATE 2-UK signs long-awaited Franco-Chinese nuclear project behind closed doors

* Critics say project too costly (Adds reaction, background)

Regulatory News 29 Sep 2016

REFILE-UPDATE 1-Motoring group AA considers pension deals as deficit widens (Sept 28)

LONDON, Sept 28 Motoring group AA is considering a bulk annuity deal with an insurer as it weighs how to deal with its ballooning pension deficit, its chief financial officer said on Wednesday.

Company Outlooks, 29 Sep 2016

BP sells Sunbury office building for 360 mln pounds - industry sources

LONDON, Sept 29 BP has sold its biggest office building in Britain to a local council for an estimated 360 million pounds ($468 million), according to industry sources, and will remain in the premises as a tenant.

29 Sep 2016

In London for Hinkley signing ceremony, France's Ayrault defends deal

LONDON, Sept 29 French Foreign Minister Jean-Marc Ayrault, in London to take part in the formal signing ceremony for the Hinkley Point nuclear power plant project, said it was a good deal for Britain and France despite widespread reservations.

Regulatory News 29 Sep 2016

After CEO move, GSK picks ex-Novartis exec to head consumer unit

LONDON, Sept 29 GlaxoSmithKline has promoted a former Novartis executive to lead its consumer healthcare business, following the appointment last week of the unit's previous head, Emma Walmsley, as CEO designate of the drugmaker.

Regulatory News 29 Sep 2016

Lufthansa shares knocked by Eurowings expansion deals

BERLIN, Sept 29 Shares in Lufthansa fell to a four-year low on Thursday on concerns its plans to boost its low-cost Eurowings brand by leasing Air Berlin planes would neither lower costs nor head off larger rivals.

29 Sep 2016

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