Market Chatter-Corporate finance press digest
Nov 6 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:
* Diageo Plc is set to pick up a 51 percent stake in India's United Spirits Ltd this week in a deal size that is likely to be about $2 billion. ()
* An independent securities regulator is investigating alleged unauthorized trades in Apple Inc shares at Rochdale Securities LLC that have placed the brokerage in a financially shaky position, the Wall Street Journal reported.
- Tweet this
- Share this
- Digg this
India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article