off-the-wire

PRESS DIGEST- Financial Times - April 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 13 (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 - Finnish client sues Vestas over terminated Russian turbine contract - Germany reviews Chinese group's acquisition of port stake


- Marex open to US listing in latest blow to London stock market


- SoftBank moves to sell down most of its Alibaba stake


Overview - Danish wind turbine maker Vestas is being sued for more than 200 million euros ($219.78 million) by Finland's Fortum over the termination of contracts to deliver wind turbines into Russia.


- Germany is reviewing its decision to allow Chinese shipping conglomerate Cosco to take a stake in a container terminal in Hamburg port.


- London-based Marex is considering listing in New York as it looks to revive its plans for an initial public offering.


- SoftBank Group Corp has moved to sell almost all of its remaining shareholding in Alibaba , limiting its exposure to China. ($1 = 0.9100 euros) (Compiled by Bengaluru newsroom)

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