PRESS DIGEST- Financial Times - Aug 14
Aug 14 (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
- Jewellery chain Claire's UK business appoints administrators
- Centrica frontrunner to buy National Grid's LNG terminal in 1.5 billion pounds deal
- Porsche-Piëch family seek tie-ups on defence investment
Overview
- The UK business of struggling jewellery chain Claire's has fallen into administration, putting 2,150 jobs at risk.
- British Gas owner Centrica CNA.L and Energy Capital Partners are in talks to buy the Isle of Grain LNG terminal from National Grid NG.L in a deal valued at about 1.5 billion pounds ($2.04 billion).
- Volkswagen's largest shareholder, holding firm Porsche SE PSHG_p.DE, said it planned to deepen its involvement in the defence sector, while reaffirming its core focus on cars and industrial technology.
($1 = 0.7362 pounds)
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