Market Chatter-Corporate finance press digest
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. ()
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
The government made a push on Wednesday to bolster its strained finances, offering to sell a stake in miner Coal India and more mobile phone airwaves as it aimed to deliver on a promise to trim its fiscal deficit. Full Article