PRESS DIGEST- Financial Times - Nov. 9

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

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

- Signa appoints chair to lead restructuring after founder's exit - UBS raises $3.5 bln for first AT1 bonds since Credit Suisse takeover

- Nexperia sells Newport Wafer Fab to US chip company for $177 mln Overview

- Signa has appointed German turnaround specialist Arndt Geiwitz as the new chair to spearhead a restructuring of the indebted European property group after shareholders rebelled against founder René Benko. - UBS has raised $3.5 billion of new additional tier 1 bonds after strong investor demand for its first deal since $17 billion worth of the risky bank debt was wiped out when it took over rival lender Credit Suisse.

- U.S. chip company Vishay Intertechnology has agreed to buy Newport Wafer Fab for $177 million from Chinese-owned Nexperia, drawing a line under years of uncertainty about the fate of the largest chip company in the UK. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)