Financial Times - Aug. 4
Aug 4 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
- UK weighs national security concerns over Nvidia's $40bn move for Arm Link
- Sweaty Betty sold for $410 million as pandemic propels 'athleisure' further Link
- Credit Suisse to face 'tuna bonds' trial Link
- Sanofi to buy partner Translate Bio for 3.2 billion in mRNA push Link
- The future of Nvidia's planned $40 billion takeover of Arm, the British chip designer, is being considered by Prime Minister Boris Johnson's government as UK ministers take an increasingly active interest in such deals.
- Sweaty Betty, the British womenswear company, has been sold to a U.S. based shoemaker Wolverine World Wide that aims to take the upmarket brand into footwear.
- Credit Suisse will face a trial over its role in Mozambique's $2 billion "tuna bonds" scandal, a fresh blow as the bank struggles to shake off a succession of crises that have plagued the group in recent years.
- French pharmaceutical group Sanofi SA SASY.PA will acquire its partner Translate Bio TBIO.O for $3.2 billion, as it makes a big bet on the future of messenger RNA as a transformative technology for vaccines and therapeutics. (Compiled by Bengaluru newsroom)
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