PRESS DIGEST-Financial Times - April 12
(Compiled by Bengaluru newsroom)
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- ByteDance extends employee share buyback programme to non-US workers - BlackRock loses appeal over UK tax on $13.5bn BGI deal
- Brookfield in talks to buy majority stake in $22bn airline lender Overview
- ByteDance has offered to buy shares held by employees outside the U.S. for about $171 each, in a broad extension of a buyback programme it launched in the US in March - BlackRock has lost an appeal relating to UK tax it sought to reclaim from HM Revenue & Customs on its $13.5bn acquisition of Barclays Global Investors in 2009.
- Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world's second-largest alternative investment manager uses acquisitions to push further into lending and debt investments that are benefiting from higher interest rates. (Compiled by Bengaluru newsroom)
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