FT News Briefing

Inside the secretive private equity firm behind the £6.8bn Asda buyout

Today the UK will set out a plan for a simpler, more “nimble” post-Brexit system of state subsidies, and the Japanese conglomerate Hitachi is anticipating a wave of infrastructure spending as it bets on the US market to drive its next phase of growth. Plus, the FT’s private capital correspondent, Kaye Wiggins, investigates the low-profile investors behind the £6.8bn buyout of UK supermarket chain Asda. UK unveils post-Brexit state aid scheme to support industry<a href="https://www.ft.com/content/4206d16f-772f-4257-bdca-ca19ca049402" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/4206d16f-772f-4257-bdca-ca19ca049402</a> Hitachi targets strong US growth under Biden’s infrastructure plan<a href="https://www.ft.com/content/e9a43c04-7d89-4f71-a77a-060cc12930cc" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/e9a43c04-7d89-4f71-a77a-060cc12930cc</a> Inside the secretive private equity firm behind the £6.8bn Asda buyout<a href="https://www.ft.com/content/ce7092f9-645a-46bd-8007-611c99fd8907" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/ce7092f9-645a-46bd-8007-611c99fd8907</a> Zaoui brothers join Europe’s emerging Spac movement<a href="https://www.ft.com/content/ae2a02ae-2af7-4a61-9c40-cf41927c3b3a?" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/ae2a02ae-2af7-4a61-9c40-cf41927c3b3a?</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.