PRESS DIGEST- Financial Times - Feb 20
Feb 20 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Dec 19 Eltek Ltd
* Eltek signs a definitive agreement for the sale of Kubatronik-Leiterplatten GmbH
* Eltek Ltd says Kubatronik shall continue to manage Eltek Europe GmbH, and Avi Gal shall continue to serve as Kubatronik's CEO, on a part-time basis
* Eltek Ltd says following consummation of transaction, Eltek will recognize a loss of us $675,000
* Eltek Ltd says in consideration for sale, Eltek shall be entitled to contingent consideration equal to 20% of Kubatronik's net profit in 2017 Source text for Eikon: Further company coverage:
NEW YORK, Feb 19 U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft will turn its focus to another target.
LONDON, Feb 17 John Fallon needs to show he has a plan to navigate Pearson through the sinking sands of its main markets when the world's biggest education company reports full-year results.