PRESS DIGEST- Financial Times - March 28
- Endeavour Mining said an investigation into former chief executive Sébastien de Montessus had discovered two more "deliberately disguised" payments totalling $15 million to an unnamed third party. - The board of Thames Water was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about 3 billion pounds ($3.79 billion) of fresh equity that is necessary for its survival.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Ithaca Energy in exclusive talks for Eni's UK upstream assets - Formula One owner closes in on EUR 4 bln deal for MotoGP
- Endeavour Mining says probe found 'disguised' payments of $15 mln - Thames Water board locked in crisis talks about £3bn funding plan
Overview - Ithaca Energy is in exclusive talks to take over Italian oil major Eni's UK upstream assets, in what would be a major deal among North Sea oil and gas producers hit by Britain's windfall tax.
- Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than 4 billion euros ($4.32 billion), in a deal that would unite the elite car and motorcycle racing series. - Endeavour Mining said an investigation into former chief executive Sébastien de Montessus had discovered two more "deliberately disguised" payments totalling $15 million to an unnamed third party.
- The board of Thames Water was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about 3 billion pounds ($3.79 billion) of fresh equity that is necessary for its survival. ($1 = 0.9252 euros) ($1 = 0.7925 pounds) (Compiled by Bengaluru newsroom)
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