PRESS DIGEST- Financial Times - August 15

Reuters
08/15
PRESS DIGEST- Financial Times - August 15

Aug 15 (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

- Eli Lilly raises UK price of obesity drug by up to 170% after Trump 'freeloading' gripe

- Unite agrees to buy rival student landlord Empiric in 723 million pounds deal

- EG Group to sell Australian business for 530 million pounds in debt-reduction drive

Overview

- Eli Lilly LLY.N will raise the list price in the UK of its weight-loss and type 2 diabetes treatment Mounjaro by 170% to be in line with other European markets.

- Unite Group UTG.L has agreed to buy rival UK student landlord Empiric Student Property ESP.L for about 723 million pounds ($978.58 million).

- Australia's Ampol ALD.AX said on Thursday it would buy British fuel station operator EG Group's local unit, EG Australia, for roughly 530 million pounds ($717.4 million).

($1 = 0.7388 pounds)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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