PRESS DIGEST- Financial Times - April 2

Reuters
02 Apr
PRESS DIGEST- Financial Times - April 2

April 2 (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

- Andreessen Horowitz in talks to help buy out TikTok's Chinese owners

- Carmakers fined more than 550 million euros for European recycling cartel

- Spain's 20 billion euro telecoms group MasOrange explores IPO

- Becton Dickinson in talks with rivals over divesting life sciences unit

Overview

- U.S. venture capital firm Andreessen Horowitz is in talks to invest in TikTok as part of an effort led by President Donald Trump to wrest control of the popular video app from its Chinese owners.

- European Commission and UK competition regulators fined trade bodies and carmakers including Volkswagen VOWG.DE and Renault RENA.PA a total of more than 550 million euros ($593.8 million) after a joint investigation into a cartel involving vehicle recycling.

- The private equity backers of Spanish telecoms group MasOrange are exploring an initial public offering of the company next year.

- Medical devices maker Becton Dickinson BDX.N has kicked off talks to divest its $21 billion life sciences unit, engaging rivals including Thermo Fisher Scientific TMO.N and Danaher DHR.N.

($1 = 0.9267 euros)

($1 = 0.9262 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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