July 29 (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
– Rio Tinto in talks with SFO over bribery probe deal https://on.ft.com/312suPo
– TransferWise valued at $5bn in secondary share sale https://on.ft.com/3jQXFWr
– Moderna pitches virus vaccine at about $50-$60 per course https://on.ft.com/2BExd0X
– Hut Group appoints banks for possible IPO https://on.ft.com/3f84Shb
Overview
– Rio Tinto Plc is in talks with the UK’s Serious Fraud Office seeking a deferred prosecution agreement over a payment it made to a consultant working on a contentious iron ore deposit in Guinea.
– Cross-border payments group TransferWise said the company has sold $319 million worth of shares in a secondary share sale that values the London-based money transfer company at $5 billion.
– Moderna Inc is planning to price its coronavirus vaccine at $50 to $60 per course, higher than other vaccine makers have agreed to charge governments, according to people familiar with talks between the company and potential buyers.
– British online health and beauty retailer Hut Group which is valued at more than 4 billion pounds ($5.17 billion) has appointed a slate of investment banks ahead of a possible IPO this year, according to two people familiar with the process.
($1 = 0.7737 pounds)
(Compiled by Bengaluru newsroom)
SOURCE: https://finance.yahoo.com/news/press-digest-financial-times-july-012604300.html?.tsrc=rss
