Press Digest-Financial Times - July 23
AMD•Overview
- Aston Martin AML.L has struck a deal to borrow £550 million ($735.96 million) from BlackRock-owned BLK.N private credit firm HPS, defying opposition from a group of existing lenders who branded the transaction “extraordinary”.
- Britain’s new defence minister Wes Streeting has refused to commit the UK to increasing military spending to 3% of national income by 2030 but said he did not want the sector to operate on the cheap.
- Private equity group Platinum Equity is nearing a deal to acquire a stake in Nestle's NESN.S European water business that would value the company at close to €5 billion ($5.71 billion).
- AMD AMD.O has struck a multibillion-dollar deal with Anthropic, which includes the U.S. chipmaker making an up to $5 billion investment in the creator of Claude Code.
($1 = 0.7473 pounds)
($1 = 0.8759 euros)
Top stories in the Financial Times
- Aston Martin strikes £550mn debt deal despite creditor objections
- UK's Streeting refuses to commit to 3% defence spending ambition
