PRESS DIGEST- Financial Times - Aug 11

Reuters
08/11
PRESS DIGEST- Financial Times - Aug 11

Aug 11 (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

- Zuber Issa calls for EG Group to sell $5 billion-plus US forecourt business

- Pimco raising capital for a European data centre fund valued at more than 1.4 billion euros

- Nuclear reactor groups tap into Spac revival to fuel atomic energy boom

Overview

- Zuber Issa, who retains a 25% stake and a seat on the board of EG after stepping down as its co-chief executive last year has called for the petrol station giant to explore a sale of its $5 billion plus U.S business.

- Pimco is raising capital for a European data centre fund, which was most recently valued at more than 1.4 billion euros ($1.63 billion).

- Terra Innovatum, Terrestrial Energy and Eagle Energy Metals are seeking to raise more than $500 million through mergers with special purpose acquisition companies as investors rush to tap into an atomic energy boom.

($1 = 0.8568 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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