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PRESS DIGEST- Financial Times - June 28

Published 2019-06-27, 08:45 p/m
© Reuters.  PRESS DIGEST- Financial Times - June 28

June 28 (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 Lego family and Blackstone (NYSE:BX) assemble 6 billion stg bid for Merlin https://on.ft.com/2X9zLxD

Jony Ive, iPhone designer, announces departure from Apple https://on.ft.com/2XaQhNP

Brexit threat over UK new Vauxhall Astra production https://on.ft.com/2Xe6p0V

Telecom Italia 's former CEO Genish leaves board https://on.ft.com/2XeggnH

Overview Britain's Merlin Entertainments Plc MERL.L , best known for Legoland Resorts and Madame Tussauds wax museums, is set to be acquired in a 6 billion pound ($7.61 billion) deal by the Danish billionaire family that controls toymaker Lego, private equity group Blackstone Group LP BX.N and Canadian pension fund CPPIB. Jony Ive is leaving Apple Inc AAPL.O after more than two decades in which his iconic designs for the Mac, iPod and iPhone turned the company into one of the world's most valuable company and defined a generation of consumer products. French carmaker Peugeot SA PEUP.PA has committed to manufacturing its next Vauxhall and Opel Astra cars in the UK, but only if the country's relationship with Europe is secured after Brexit. Amos Genish, the former chief executive officer of Telecom Italia SpA TLIT.MI , has stepped down from the company's board, months after he was ousted as CEO while on a business trip to South Korea.

($1 = 0.7888 pounds)

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