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PRESS DIGEST-Financial Times - November 10

By Reuters News

Nov 10 (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

- UniCredit set to seal Commerzbank takeover this month

- Botswana to double De Beers holding to 30%

- Whitbread investors slap down activist Corvex's bid for board seat

- ExxonMobil explores return to Venezuela after calling nation 'uninvestable'


Overview

- Italy's UniCredit CRDI.MI CEO Andrea Orcel said that all the remaining regulatory approvals for UniCredit to take control of Commerzbank CBKG.DE, Germany's second-biggest bank, would come before the end of November, sooner than anticipated.


- Botswana will double its holding in De Beers to 30% under the terms of Anglo American's AAL.L proposed sale of its stake in the diamond producer to a consortium of investors, the country's president said, confirming support for the deal.


- Premier Inn-owner Whitbread WTB.L said its shareholders have voted against major investor Corvex Management's demand to appoint its nominee James Gemmel as a director on the UK-based hotel operator's board.


- ExxonMobil XOM.N said it signed a memorandum of understanding, or a non-binding agreement, to explore potential upstream opportunities in Venezuela with state-owned oil firm PDVSA.

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