July 6, 2017 / 12:27 AM / in 3 months

PRESS DIGEST- Financial Times - July 6

July 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


** Worldpay agrees to be acquired by rival Vantiv in 9 billion pound deal (on.ft.com/2sFZ7nm)

** Volvo to use electric motors in all cars from 2019 (on.ft.com/2tnOLWm)

** Lloyds Banking Group reshuffles senior management (on.ft.com/2sr4Itx)


** British payments processor Worldpay Group Plc on Wednesday agreed to be acquired by U.S. rival Vantiv Inc for 9.1 billion pounds ($11.77 billion).

** Volvo Cars said every model from 2019 onwards would have an electric motor, putting electrification at the core of its business.

** Lloyds Banking Group Plc on Wednesday said Andrew Bester, head of commercial bank and a potential successor to Chief Executive Antonio Horta-Osorio, and Simon Davies, who was the legal and strategy officer, would leave the company.

$1 = 0.7733 pounds Compiled by Bengaluru newsroom; Editing by Peter Cooney

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