Jan 30 (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
-Harland & Wolff's new owner pledges $124.50 mln to revive British shipbuilder
-British car parts group Dowlais agrees $1.49 bln U.S. takeover
-Lloyds Bank to shut another 136 branches across Britain
Overview
-Harland & Wolff's new Spanish owner, Navantia, will invest 100 million pounds ($124.50 million) to reactivate the British shipbuilder and deliver a key Royal Navy contract while pushing for new orders that will "determine the future of the company".
-Dowlais DWL.L, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing AXL.N in a cash-and-shares deal valuing it at about 1.16 billion pounds ($1.44 billion) as the two groups seek scale to survive the transition to electric vehicles.
-Lloyds Banking Group LLOY.L will close 136 branches across Britain as it seeks to adapt to customers' shift to digital banking, the high-street lender announced on Wednesday.
($1 = 0.8032 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.