March 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
The Times
- A group of Thames Water's creditors have offered 3.35 billion pounds ($4.45 billion) of new equity and up to 6.55 billion pounds of new debt as part of their latest bid to rescue Britain's biggest water company.
- Financial services firm StoneX Group SNEX.O proposed an all‑cash acquisition of CAB Payments CABP.L, valuing the cross‑border payments provider at 241.4 million pounds ($321.01 million).
The Guardian
- National Car Parks, Britain's largest car park operator, has gone into administration, appointing PricewaterhouseCoopers (PwC) as administrator after struggling to meet looming rent and creditor payments.
- Chinese-owned Syngenta will invest 100 million pound to build a research centre for agricultural bioscience at its Jealott's Hill site in Berkshire.
The Telegraph
- Close Brothers CBRO.L said it "strongly disagrees" with short seller Viceroy Research's report saying it was short the British financial services firm.
- Building materials firm CRH CRH.N announced intention to delist from the London Stock Exchange and cancel preference shares.
Sky News
- American real estate giant StepStone STEP.O in talks to buy stake in 4.5 billion pound recapitalisation of Center Parcs UK.
The Independent
- Britain's corporate registry Companies House said a glitch in its online filing service had allowed people to view and edit information for other businesses and their directors, a flaw that may have gone undetected for five months.
- Global beauty retailer Sephora said it will open its first stores in Scotland this summer, with new outlets in Glasgow and Edinburgh marking the brand's debut in the country three years after launching its first UK shop in London.
($1 = 0.7520 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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