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PRESS DIGEST-Financial Times - Sept 16

16 Sep 2020 / 09:04 H.

    Sept 16 (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

    - Thomas Cook relaunches as online-only holiday brand https://on.ft.com/3hvVfdr

    - Share reward for founder of blank-cheque company in focus after $4.8bn Opendoor deal https://on.ft.com/3hyGCG4

    - Apple widens watch and iPad ranges to lure customers https://on.ft.com/2GUWUfN

    - Kraft Heinz sells parts of cheese business for $3.2bn https://on.ft.com/3c9OnBq

    Overview

    - Thomas Cook, which went Bankrupt in September 2019, re-emerged as an online-only travel company on Wednesday after being revived by its biggest shareholder Fosun Tourism Group .

    - SoftBank Group Corp backed Opendoor Labs Inc said on Tuesday it would merge with a blank-cheque firm to go public in a deal which will value the company at $4.8 billion.

    - Apple Inc on Tuesday launched new versions of iPad and watch as it aims to repeat a feat it managed with the iPhone and lure in a wider range of customers.

    - Kraft Heinz Co said on Tuesday it would divest its natural cheese business to France-based Groupe Lactalis for $3.2 billion in an all-cash deal.

    (Compiled by Bengaluru newsroom)

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