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

Headlines

- Novartis to buy UK biotech Myricx Bio in $1.5 billion deal

- Sky agrees £1.6 billion ITV deal as UK broadcasters take on streaming rivals

- Ocado paves way for exit of boss Tim Steiner after succession clash

- Maersk to send first cargo through Suez Canal since start of Iran war

Overview

- Novartis NOVN.S has agreed to buy UK cancer treatment group Myricx Bio in a deal that could be worth as much as $1.5 billion, the latest foreign takeover of a British biotech.

- Comcast's CMCSA.O Sky has agreed to buy ITV's ITV.L television business in a £1.6 billion ($2.14 billion) deal as they seek to fend off the threat posed by U.S. digital giants such as Netflix and YouTube.

- Britain's Ocado OCDO.L said Tim Steiner would continue to serve as chief executive until the start of the 2028 financial year, when the technology company will aim to have a successor in place following weeks of speculation over its leadership.

- AP Moller-Maersk MAERSKb.CO said it will sail a ship through the Suez Canal and Red Sea for the first time since the outbreak of the Middle East conflict in a sign of confidence the ceasefire will hold.

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