June 21 (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
Clayton, Dubilier & Rice set to continue pursuit of Morrisons
https://on.ft.com/3iVVe6X
Ackman’s SPAC buys 10% of Universal Music for $4 bln
https://on.ft.com/3gMh8qj
HS2 costs rise by a further 1.7 bln stg during pandemic
https://on.ft.com/3zPNkSH
McDonald’s to hire 20,000 staff as part of UK and Ireland expansion
https://on.ft.com/3xP7JFF
Overview
U.S. private-equity firm Clayton, Dubilier & Rice (CD&R) is set to push ahead with its pursuit of British supermarket chain WM Morrison Supermarkets Plc despite its initial offer being rejected.
Billionaire investor William Ackman’s Pershing Square Tontine Holdings is to buy 10% stake in Universal Music Group.
The cost of the HS2 high-speed railway line has increased by a further 1.7 billion pound ($2.35 billion)over the past year, as COVID-19 delays put further strain on the Britain’s biggest infrastructure project.
U.S. burger chain McDonald’s Corp is set to hire 20,000 staff in the UK and Ireland as part of a wider investment push.
($1 = 0.7236 pounds) (Compiled by Bengaluru newsroom)
