Yahoo Finance PRESS DIGEST- Financial Times - May 14
May 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
- Apollo and Intel enter talks to finance $11bn chip plant in Ireland
- Anglo American rejects improved £34bn offer from BHP
- Chinese solar groups pull out of tender after EU anti-subsidy probe
- Stellantis in talks with Vale to invest in Indonesian nickel smelter
Overview
- Intel is in advanced talks for a deal with Apollo Global Management in which the equity firm would provide more than $11 billion to build a facility in Ireland.
- Anglo American rejected a raised takeover offer of 34 billion pounds ($42.69 billion) from BHP Group on Monday, saying the world's largest listed miner "continues to significantly undervalue" the company.
- The European Commission will close its investigation into Chinese bidders in a public tender for a solar park in Romania after the companies withdrew from the process, European Industry Commission Thierry Breton said on Monday.
- Stellantis is in talks with Brazilian miner Vale and China's Huayou Cobalt to invest in a nickel smelter in Indonesia and secure supplies of the battery metal critical to its electric vehicle expansion plans. ($1 = 0.7965 pounds) (Compiled by Bengaluru newsroom)
