March 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Activist Edward Bramson takes 5 pct interest in Barclays
French tyre maker Michelin snaps up Britain's Fenner for 1.3 bln stg on.ft.com/2IEQga8
GKN gets support of third-biggest shareholder to hold off Melrose on.ft.com/2IAYb8k
Sherborne Investors, led by activist investor Edward Bramson, has acquired a 5 percent stake in Barclays Plc , increasing pressure on the British bank to turn round its faltering performance.
Michelin agreed to buy British engineering company Fenner Plc in a deal worth 1.3 billion pounds ($1.82 billion) to expand the French tyre maker’s engineered material division.
GKN Plc’s third-biggest shareholder Columbia Threadneedle said it was rejecting a hostile 8 billion pound cash and share bid from Melrose Industries, even as the bidder sweetened its offer with the promise to inject up to 1 billion pounds into GKN’s pension fund.
$1 = 0.7130 pounds Compiled by Bengaluru newsroom