Market Chatter-Corporate finance press digest

Mon Dec 3, 2012 9:51am IST

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Dec 3 (Reuters) - The following corporate finance-related
stories were reported by media: 
    
    * HSBC is planning to sell four sub-prime loan
portfolios worth a total of $2.7 billion in the next year, with
hedge funds already expressing an interest, the Telegraph
reported. ()
    
    * Google is facing the prospect of a multi
million-pound tax bill in the United Kingdom after Revenue &
Customs opened a review into the internet company's tax returns
for the past six years, the Times reported. ()
    
    * Italian airport operator SEA SpA has cancelled plans to
list on the Milan stock exchange after weak take-up by investors
and bickering among the main shareholders about the price. ()

    * Cerberus Capital Management LP, working on an acquisition
of Supervalu Inc has indicated it is willing to pursue
multiple options for the troubled grocer, including a deal to
buy Supervalu's entire business and another to purchase its
Albertsons stores, the Wall Street Journal reported. ()
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