Wednesday newspaper round-up: Shell/BG Group, Vivendi/Sky, Google/Twitter

French media group Vivendi is looking at a possible acquisition of pay-TV and broadband group Sky, according to sources cited by The Guardian. Sky could fetch a price tag of as much as £28bn including debt.

Twitter shares jumped on Tuesday on the back of reports that Google is looking at a potential takeover of the social network, writes The Telegraph. Google was identified as one of the two companies believed to have contacted Twitter with "serious" interest.

Samsung has predicted a first-quarter operating profit in excess of 5.9trn won (£3.6bn), well ahead of the consensus forecast of 5.5trn won, reports The Scotsman.

As Greece races to meet Thursday's deadline to pay back a €450m loan to the IMF, Greek prime minister Alexis Tsipras has flown to Moscow to hold talks with Russian president Vladimir Putin, The Guardian writes. Athens officials described the visit as being “politically friendly and economically promising”.

"Consumers are expected to increase their spending in the next few weeks following new figures today showing shop prices fell for the 23rd month in a row," the Daily Mail reports. Deflation in the retail industry picked up from 1.7% to 2.1% in March.

Labour wants to force listed companies to have employee representatives on remuneration committees in an attempt to “increase accountability and fairness” and stop excessive boardroom pay, The Times said.