Market Chatter-Corporate finance press digest
Dec 27 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* German Economy Minister Philipp Roesler wants to push the pace of government privatisation efforts including in companies such as Deutsche Telekom AG, according to an internal ministry document obtained by Die Welt newspaper.
* Tesco Plc has set up an Indian subsidiary to buy fresh and processed foods from the country for its global stores, in a move that could help the world's third largest retailer trim costs and develop local expertise before opening shops here, the Economic Times reported. 
* Eni SpA, the Italian petroleum exploration and production company, which holds 47.18 percent in Hindustan Oil Exploration Co Ltd, is in talks with U.S.-based Anadarko Petroleum Corp to sell its entire stake, the Business Standard reported.
* BDO International, the $6-billion Belgium-based audit and accounting firm, will call off its four-year joint venture BDO India with Haribhakti Consulting by selling its 10 percent stake to its Indian partner, the Economic Times reported citing a senior company officials. 
- Tweet this
- Share this
- Digg this
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- U.S. to funnel travelers from Ebola-hit region through 5 airports
- Coca-Cola announces growth plan as profit falls 14 pct
- Indiana police charge suspect who may have killed for decades
- 'Fraggle Rock' actor Gerard Parkes dies at age 90
As well as making the lives of millions of middle class Indians easier, the sharp drop in Brent crude prices since June is a boon for Prime Minister Narendra Modi in his fight to revive an economy growing at its slowest rate since the 1980s. Full Article