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PRESS DIGEST- Financial Times - Dec 13

Published 13/12/2017, 11:53 am
© Reuters.  PRESS DIGEST- Financial Times - Dec 13
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Dec 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

- Westfield sells to France's Unibail to create $72bn shopping mall group http://on.ft.com/2yjfZOL

- Toshiba, Western Digital settle legal battle over $18bn chip unit sale http://on.ft.com/2yiIGeW

- Bitcoin futures broker to allow negative bets http://on.ft.com/2yiYMVV

- Boeing (NYSE:BA) climbs to record high on $18bn buyback move http://on.ft.com/2yjDszp

Overview

- The developer behind popular shopping centres in London and New York Westfield Corp WFD.AX agreed to be acquired by France's Unibail-Rodamco SE UNBP.AS for $24.7 billion.

- Western Digital Corp WDC.O and Toshiba Corp 6502.T reached a deal to resolve a legal battle over Toshiba's $18 billion sale of its prized memory chip to a private equity-led consortium.

- Interactive Brokers Group Inc IBKR.O will start to allow customers to bet against the cryptocurrency, giving its customers the opportunity to take bearish "short" positions on bitcoin futures.

- Shares of Boeing Co BA.N hit another record high after the company increased its quarterly dividend by a fifth and also announced an $18 billion share buyback programme.

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