Market Chatter-Corporate finance press digest

Thu Dec 20, 2012 9:46am IST

Related Topics

Stocks

   

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

* 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

Markets

REUTERS SHOWCASE

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Commodities

Commodities

Gold imports, premiums to jump on festive demand - top refiner  Full Article 

Economic Worries

Economic Worries

Pakistan's promises to IMF in doubt as protests sap economy   Full Article 

Islamic Finance

Islamic Finance

Basel III deposit challenge looms over Islamic banks   Full Article 

Antitrust Probes

Antitrust Probes

U.S. business lobby says concerned China antitrust probes unfair.  Full Article 

Reuters India Mobile

Reuters India Mobile

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