PRESS DIGEST- Financial Times - April 4

04/04/2025, 03:17:40.7810000

Associated keywords:

• STLAM.MI
• RR.L
• AGRP.L
• PHP.L

April 4 (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
- NHS landlord attracts 1.5 billion pound counter offer from
rival
- Davos forum founder Klaus Schwab to step down as chair of
trustees
- Jeep and Chrysler maker Stellantis to furlough 900 US
workers
- Rolls-Royce in talks over UK subsidies for new engine
development

Overview
- British healthcare REIT Assura AGRP.L has received a 1.5
billion-pound ($1.97 billion) indicative cash-and-stock bid from
Primary Health Properties PHP.L , above an earlier offer it had
rejected, but below a U.S. consortium's all-cash bid.
- The World Economic Forum founder, Klaus Schwab, will
"start the process" of stepping down as chair of its board of
trustees, weeks after the organisation promised an overhaul
after an investigation into workplace discrimination.
- Stellantis NV STLAM.MI said it was temporarily laying
off 900 workers at five U.S. facilities and pausing production
at one assembly plant each in Mexico and Canada, after U.S.
President Donald Trump's tariffs were announced.
- Rolls-Royce RR.L is in talks with the British government
about taxpayer support to help fund the 3 billion-pound
development of an engine to power the next generation
narrow-body aircraft, primarily used for short-haul flights.

($1 = 0.7633 pounds)

(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))

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