PRESS DIGEST-Financial Times - July 23

BlackRock, Inc.
Advanced Micro Devices, Inc.

BlackRock, Inc.

BLK

0.00

Advanced Micro Devices, Inc.

AMD

0.00

July 23 (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

  • Aston Martin strikes £550mn debt deal despite creditor objections

  • UK's Streeting refuses to commit to 3% defence spending ambition

  • Nestle nears deal to sell stake in €5 billion Perrier unit

  • AMD to invest up to $5bn in Anthropic in chip deal

Overview

  • Aston Martin AML.L has struck a deal to borrow £550 million ($735.96 million) from BlackRock-owned BLK.N private credit firm HPS, defying opposition from a group of existing lenders who branded the transaction “extraordinary”.

  • Britain’s new defence minister Wes Streeting has refused to commit the UK to increasing military spending to 3% of national income by 2030 but said he did not want the sector to operate on the cheap.

  • Private equity group Platinum Equity is nearing a deal to acquire a stake in Nestle's NESN.S European water business that would value the company at close to €5 billion ($5.71 billion).

  • AMD AMD.O has struck a multibillion-dollar deal with Anthropic, which includes the U.S. chipmaker making an up to $5 billion investment in the creator of Claude Code.

($1 = 0.7473 pounds)

($1 = 0.8759 euros)


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.