PRESS DIGEST- Financial Times - Nov. 3

- U.S. mall owner CBL & Associates Properties Inc has filed for bankruptcy, as the COVID-19 pandemic kept shoppers away from its properties, due to which many of its tenants have withheld millions of dollars in rent. - Italian payments group Nexi SpA said it has offered to buy Danish rival Nets in an all-share deal worth 7.2 billion euros ($8.38 billion), as European groups race to consolidate the fragmented digital sector.

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

- Loan 'holidays' extended to six months after new English lockdown https://on.ft.com/384Qczj - Former Wirecard CFO released on bail after three months in prison https://on.ft.com/3mJxiSQ

- U.S. mall owner CBL files for bankruptcy https://on.ft.com/329mS7f - Nexi in exclusive talks to buy Nordic payments rival Nets for EUR 7.2 bn https://on.ft.com/2I1Vot8

Overview - UK's Financial Conduct Authority said that mortgage, loan and credit card borrowers may seek further repayment holidays after the UK government announced a second lockdown to contain the spread of COVID-19.

- Former Wirecard AG chief financial officer Burkhard Ley was released after spending more than three months in police custody, according to Munich prosecutors. - U.S. mall owner CBL & Associates Properties Inc has filed for bankruptcy, as the COVID-19 pandemic kept shoppers away from its properties, due to which many of its tenants have withheld millions of dollars in rent.

- Italian payments group Nexi SpA said it has offered to buy Danish rival Nets in an all-share deal worth 7.2 billion euros ($8.38 billion), as European groups race to consolidate the fragmented digital sector. ($1 = 0.8592 euros) (Compiled by Bengaluru newsroom)