PRESS DIGEST- Financial Times - August 13
Aug 13 (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
- France, Germany and UK willing to reimpose sanctions on Iran
- Shell loses legal claim against US LNG operator Venture Global
- T-shirt maker Gildan nears deal to acquire US underwear group Hanesbrands
Overview
- France, Germany and the UK have told the UN they are prepared to trigger the reimposition of sanctions on Iran unless it resumes negotiations with the international community over its nuclear programme.
- Venture Global VG.N has won an important arbitration case, defeating Shell's SHEL.L claims that it broke contracts to profit from higher prices, in a boost to the one of the largest US suppliers of liquefied natural gas.
- Canada's Gildan Activewear GIL.TO is nearing a deal to acquire HanesbrandsHBI.N, in a takeover that could value the U.S underwear maker at nearly $5 billion including debt.
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