United Kingdom


UPDATE 3-Rocket-backed furniture site Westwing plans Frankfurt IPO

* Berenberg, Citi acting as joint bookrunners (Adds details from conference call)

UPDATE 1-EnQuest aborted sales talks for Kraken stake due to debt deadline - sources

* Opted for loan against ringfenced stake instead of sale (Updates paragraph 10 on debt position)

M&A 12 Sep 2018

EnQuest aborted sales talks for Kraken stake due to debt deadline- sources

LONDON, Sept 12 EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approached, industry and banking sources said.

M&A 12 Sep 2018

UPDATE 3-Unilever details plans for December listing of new Dutch entity

* Some UK shareholders have expressed concern (Adds details on Dutch dividend tax)

Unilever simplification to be through UK scheme of arrangement, Dutch merger

LONDON, Sept 11 Consumer goods giant Unilever said simplifying its parent company structure from two UK and Dutch legal entities into a single holding company would be achieved through a UK scheme of arrangement and a Dutch legal merger.

Company Outlooks 11 Sep 2018

PRESS DIGEST- Financial Times - Sept 11

Sept 11 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Regulatory News 11 Sep 2018

UPDATE 3-Volvo Cars drops IPO due to trade tensions and auto stocks downturn

BEIJING/PARIS Sept 10 Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.

UPDATE 3-Funding Circle plans October listing in British 'fintech' first

* Listing expected in October (Updates with 2017 earnings, paragraph 10)

Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing - sources

DUBAI, Sept 10 Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, has hired banks to arrange a U.S. dollar-denominated sukuk issue of at least $750 million, sources familiar with the matter said.

Bonds, Regulatory News 10 Sep 2018

UPDATE 3-Aston Martin adds FTSE experience to its board ahead of IPO

* IPO prospectus due around Sept. 20 (Adds CEO quotes from interview)

10 Sep 2018