
March 3 (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
- Toyota bows to Elliott in $38bn buyout battle
- Stronger UK public finances can withstand Iran war shock, Reeves to say
- Blackstone flagship private credit fund hit with wave of redemptions
- US LNG producers rush to seize on surging gas prices triggered by Iran conflict
Overview
- Toyota 7203.T has raised its offer to acquire its largest subsidiary, bowing to pressure from activist investors who had pushed for a higher price on a $38 billion deal that will reshape Japan's biggest business empire.
- Chancellor Rachel Reeves will on Tuesday claim she has rebuilt Britain's public finances so that they can withstand any shock from the war in Iran, as she attempts to promote what allies claim is a "stability dividend".
- Blackstone's BX.N flagship private credit fund was hit with $1.7 billion of net outflows in the first quarter after an exodus from the asset class cut off a crucial source of fundraising for the private investment giant.
- U.S. LNG exporters such as Venture Global VG.N and Cheniere Energy LNG.N race to boost shipments and reroute cargoes after Iran's conflict halts Qatari supply, driving European and Asian gas prices up by more than 50%.