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PRESS DIGEST- Financial Times - Feb 28

Feb 28 (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


- Regulators probe Metro Bank's possible false market creation https://on.ft.com/2ECbx43


- Ferrovial takes €774m writedown on UK unit Amey https://on.ft.com/2EAi13l


- Experian pulls planned purchase of start-up rival ClearScore https://on.ft.com/2EBfqpX


- M&S to launch rights issue as chain forges deal with Ocado https://on.ft.com/2EAuHaL

Overview


- The Metro Bank investigation by British regulators is focused on miscalculation of assets by its employees. Sanctions for its executives could include fines or bans.


- Spanish infrastructure group Ferrovial MC said on Wednesday it has taken a 774-million-euro ($880.12-million) writedown on its UK subsidiary Amey.

- Experian PLC said on Wednesday it has abandoned the proposed acquisition of start-up rival ClearScore after the British competition watchdog indicated that it may block the deal.


- Britain's Marks and Spencer said on Wednesday it will launch a rights issue and slash its dividend as it launched an online food joint venture with Ocado. ($1 = 0.8794 euros) (Compiled by Bengaluru newsroom Editing by Sonya Hepinstall)