UPDATE 1-Market Chatter-Corporate finance press digest

Thu Dec 20, 2012 11:49am IST

Related Topics

Stocks

   

Dec 20 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* The intensifying struggle by private equity groups to raise funds has spurred plans by Apax Partners to call time on its current fund marketing push after reckoning its 9 billion euros ($11.93 billion) target is out of reach, the Financial Times reported. ()

* IntercontinentalExchange Inc and NYSE Euronext are in talks about a possible merger, which may be structured as a takeover of NYSE, the Wall Street Journal reported.

* The London Stock Exchange Group Plc has cut its offer for LCH.Clearnet by almost a third to 312 million euros ($413.7 million), to reflect rising capital requirements, sources familiar with the matter said.

* MetLife Inc, the largest U.S. life insurer, is in advanced talks to buy Banco Bilbao Vizcaya Argentaria SA's Chilean pension management unit, Bloomberg reported, citing three people with knowledge of the matter.

* General Electric Co is set to sign on Thursday a deal to buy Italian aerospace supplier Avio excluding its space division, sources close to the talks said.

* Australia's Macquarie Group Ltd has emerged as the lead bidder to buy Robeco, four people familiar with the matter said this week. The asset management arm of Dutch bank Rabobank NV could fetch around 3 billion euros ($3.98 billion), one of the sources said.

* Bulge-bracket private equity funds are in talks to buy a minority stake in Lafarge SA as the French cement multinational taps new avenues to fund its expansion, given the global parent's preoccupation with a massive restructuring programme caused by high debt, the Economic Times reported. ()

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Market Eye

Sensex, Nifty rise to second consecutive record high

Sensex, Nifty rise to second consecutive record high

The BSE Sensex and Nifty on Friday rose to their second consecutive record highs. The 30-share Sensex surged as much as 1.52 percent to an all-time high of 27,762.13. The broader Nifty gained as much as 1.49 percent to a record of 8,291.65.  Full Article 

REUTERS SHOWCASE

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Leisure Riding

Leisure Riding

Harley-Davidson woos affluent young Indians with bike culture  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage