PRESS DIGEST- Financial Times - July 12

Mon Jul 11, 2016 8:26pm EDT
 
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July 12 (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

* Thomson Reuters in $3.55 billion sale of IP and science business (on.ft.com/29KZim1)

* UniCredit and Santander scramble to save asset manager merger (on.ft.com/29KZpOx)

* Russia sells 11 percent stake in Alrosa (on.ft.com/29L04j2)

* Siemens backs away from Brexit warnings (on.ft.com/29JDbPG)

Overview

* Canadian group Onex Corp and Baring Private Equity Asia are acquiring Thomson Reuters' intellectual property and science business in an all-cash deal worth $3.55 billion.   Continued...