December 14, 2016 / 1:33 AM / a year ago

PRESS DIGEST- Financial Times - Dec. 14

Dec 14 (Reuters) - The following are the top stories in the
latest edition of the Financial Times. Reuters has not verified
these stories and does not vouch for their accuracy.
    * Johnson & Johnson ends bid for Actelion
    * UK banks shut 1,000 branches as customers turn to mobile
    * Lords call for protection for EU nationals living in UK
    * Fininvest to raise Mediaset stake to near 40 per cent of
voting rights
    - Johnson & Johnson ended talks to acquire Actelion
 saying that it was unable to reach an agreement that
would have created value for its shareholders.
    - HSBC has shut about 30 percent of its bank
branches since the start of 2015, the most for any bank in the
UK, a consumer group said. Royal Bank of Scotland and
Lloyds Banking Group shut 191 and 180 branches,
    - Lords committee said that ministers should provide an
immediate "unilateral undertaking" to protect the citizenship
rights of EU nationals living in the UK after Brexit. 
    - Mediaset's biggest shareholder Fininvest said it
bought 27.66 million shares in the broadcaster and entered into
contract to buy another 14 million shares, which would push
Fininvest's stake to 40 percent.

 (Compiled by Sangameswaran S in Bengaluru)

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