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Sources tell the FT that US private equity firm Cerberus has lost faith in Deutsche Bank’s chairman Paul Achleitner and is pushing for him to be replaced, WeWork has held talks with T-Mobile US boss John Legere to become its new chief executive and KKR woos Walgreens with a $70bn buyout proposal. Plus, the FT’s political editor George Parker unpacks how the UK elections have unravelled and what to expect next.
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