PRESS DIGEST-Financial Times - June 1
Taylor Morrison Home TMHC | 0.00 |
June 1 (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
- Scottish opposition leaders criticize Nicola Sturgeon's interview
- Sandoz warns that cheap Chinese imports threaten Europe's antibiotic supply
- Defence group CSG still pursuing stake in Franco-German tank maker
- Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel's first big deal
Overview
- Opposition leaders in Scotland have said Nicola Sturgeon still has questions to answer over her estranged husband's embezzlement of about 400,000 pounds($537,920) from the Scottish National Party (SNP) after the former leader of the party said she feels she is "serving a sentence for a crime I did not commit."
- Richard Saynor, the chief executive of SandozSDZ.S, one of the world's largest generic drug manufacturers, called on the European Union to do more to prevent the industry from being hollowed out by cheap Chinese imports, saying it was "ridiculous" that antibiotics cost less than chewing gum.
- Ammunition maker Czechoslovak Group is still pursuing a "transformative" deal to take a stake in Franco-German tank maker KNDS, according to the group's chief executive Michal Strnad.
- Berkshire Hathaway BRKa.N has struck an $8.5 billion deal to buy U.S. homebuilder Taylor MorrisonTMHC.N, using its first major acquisition since Warren Buffett's retirement to make a big bet on a recovery in the property sector.
($1 = 0.7436 pounds)
