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PRESS DIGEST- Financial Times - Sept 15

Sept 15 (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

- UBS chairman maps out Credit Suisse merger https://on.ft.com/3kbmeMW

- Parma football club poised for sale to America's Krause family https://on.ft.com/2ZTKdsz

- PSA and Fiat Chrysler overhaul terms of 50 bln euro merger https://on.ft.com/33wDB4f

- G4S faces 3 bln pound hostile takeover bid from private equity-backed group https://on.ft.com/2ZEWroJ


Overview

- UBS Group AG Chairman Axel Weber is eyeing a merger with Credit Suisse that would create a unified Swiss champion in wealth management and investment banking.

- U.S. billionaire Krause family is nearing an agreement to acquire a majority stake in Italian football club Parma, valuing the club at more than 100 million euros ($118.65 million).

- Peugeot maker PSA and Fiat Chrysler said on Monday they have overhauled the terms of their 50 billion euro merger to preserve more cash within the combined business.

- UK security group G4S is facing a 3 billion pound ($3.85 billion) hostile takeover bid backed by the private equity firm BC Partners.

($1 = 0.8428 euros) ($1 = 0.7783 pounds) (Compiled by Bengaluru newsroom)