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PRESS DIGEST- British Business - Jan 17

Jan 17 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.

Collapsed Carillion's dividends totalled $1 billion

LONDON, Jan 16 Collapsed British firm Carillion, which has come under political fire for paying dividends while racking up big debts and a pension deficit, has handed more than $1 billion to shareholders since it was created 19 years ago, a Reuters analysis shows.

BRIEF-Hubbr and three of its units applying for bankruptcy

* BOARD APPLYING FOR BANKRUPTCY OF HUBBR AB, HUBBR PEOPLE AB, HUBBR CONTACT CENTER AB AND VENDATOR CALLCENTER AB Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Jan 16 2018

Niki administrator yet to decide whether to withdraw appeal

VIENNA, Jan 16 The German administrator for Austrian airline Niki has not yet decided whether he will withdraw an appeal against a German court ruling that moved Niki's insolvency proceedings to Austria, his spokesman said in emailed statement to Reuters.

Financials Jan 16 2018

UPDATE 1-German, Austrian administrators cooperate to secure deal for Niki

* IAG, Ryanair, Niki Lauda said they are interested (Adds IAG, details, background)

BRIEF-S A L Steel Announces Closure Of Corporate Insolvency Process On Co

* ANNOUNCES CLOSURE OF CORPORATE INSOLVENCY PROCESS ON CO; POWER OF BOARD OF DIRECTORS IS RESUMED Source text: http://bit.ly/2EMgUuW Further company coverage:

Jan 16 2018

After spat, Niki's German administrator says to work closely with Austrian peer

VIENNA, Jan 16 After a legal spat, Airline Niki's German administrator Lucas Floether and his Austrian counterpart Ulla Reisch said in a joint statement on Tuesday that they would cooperate closely on sealing a deal on the future of the insolvent airline.

BA owner IAG hopeful that it can complete Niki acquisition promptly

LONDON, Jan 16 British Airways owner IAG said on Tuesday it was hopeful that it could complete its agreed acquisition of Austria's Niki quickly after a court ruled that the administration process should be conducted in Austria rather than Germany.

Industrials Jan 16 2018

BRIEF-John Laing Believes Carillion Bankruptcy To Have No Material Impact

* ‍INVESTMENT ADVISER'S ASSET MANAGEMENT TEAM AWARE OF ISSUES AFFECTING CARILLION; HAD CONTINGENCY PLANS IN PLACE FOR SOME TIME​

Financials Jan 16 2018

BRIEF-Exco Resources files voluntary petitions for Chapter 11

* EXCO RESOURCES, INC. FILES VOLUNTARY PETITIONS FOR CHAPTER 11 REORGANIZATION TO FACILITATE FINANCIAL RESTRUCTURING

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