British Business - Aug 14
Aug 14 (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
- Flutter Entertainment FLTRF.L is set to buy Betnacional, Brazil's biggest gaming operator for about 1 billion pounds ($1.29 billion).
The Guardian
- British homebuilder Bellway BWY.L has walked away from a 720 million pounds takeover bid for its smaller rival Crest Nicholson CRST.L after months of negotiations.
- The owner of the beauty brand Avon in the UK, Europe and Latin America has filed for bankruptcy as it tries to off-load more than $1 billion of debt, including millions of dollars in liabilities linked to lawsuits alleging that talc in its products caused cancer.
The Telegraph
- Post Office's IT chief is stepping down after overseeing a botched attempt to replace the company's controversial Horizon software.
Sky News
- Britain's energy regulator Ofgem on Tuesday approved the 3.4 billion pounds project for a 2 gigawatt electricity 'Superhighway' from Scotland to Yorkshire.
($1 = 0.7778 pounds)
(Compiled by Bengaluru newsroom)
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