PRESS DIGEST-British Business - August 12
Aug 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
The Times
Danish offshore wind farm developer Orsted ORSTED.CO has blamed the Trump administration for its decision to hold a $9.4 billion rights issue.
The Guardian
The family behind Britain's biggest toy shop chain, The Entertainer, is handing over ownership of the business to its 1,900 employees.
Fabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to tech investor SMG Capital in a $50 million deal.
The Telegraph
A looming ban on the sale of new petrol and diesel cars has plunged Europe's car industry into crisis, the boss of Mercedes-Benz MBGn.DE has warned.
Ministers have vowed to speed up crucial nuclear projects as part of a plan to transform Britain into a green energy superpower.
The Independent
Just Eat's 4.1 billion euro ($4.77 billion) takeover has been approved by European regulators after buyer Prosus agreed to address its competition concerns.
Martin Sorrell's advertising firm S4 Capital SFOR.L has confirmed early talks over a potential merger deal with rival MSQ Partners.
($1 = 0.8604 euros)
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