Market Chatter-Corporate finance press digest

Thu Feb 7, 2013 9:32am IST

Related Topics

Stocks

   

Feb 7 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Deutsche Bank has suspended five traders suspected of inappropriate conduct following an internal investigation into possible manipulation of the Europe Interbank Offered Rate (Euribor), a source familiar with the matter said.

* Buyout firms have accelerated talks with lenders to secure funding for possible 10-billion-pound ($15.65 billion) bids for EE, the UK's largest mobile phone operator, according to the Financial Times. A group formed by Apax and KKR and another led by Blackstone and CVC Capital are working on competing offers, the paper said.

* Barclays Plc is nearing the completion of a raft of job cuts at its investment bank as part of its new chief executive's plan to streamline operations and cut costs, a person familiar with the matter said.

* Cantor Fitzgerald is in advanced talks to buy brokerage firm Seymour Pierce, the Financial Times reported, citing people familiar with the discussions.

* One of the key shareholders of Italy's biggest construction firm Impregilo is set to launch a takeover bid for the rest of the company, sources close to the matter told Reuters.

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

REUTERS SHOWCASE

Oil Imports

Oil Imports

India to make May-July oil payments to Iran - sources.  Full Article 

DLF Shares

DLF Shares

DLF slides 3 percent, underperforms rivals.  Full Article 

Global Economy

Global Economy

Chinese factories stalling as euro zone business picks up  Full Article 

Rupee Falls

Rupee Falls

Rupee falls for third day; foreign fund inflows key.  Full Article 

Record High

Record High

BSE Sensex hits record high for third straight day.  Full Article 

M&M Upgraded

M&M Upgraded

Credit Suisse upgrades Mahindra & Mahindra to 'outperform'  Full Article 

Breakingviews

Breakingviews

Manchester United’s crisis has silver lining  Full Article 

Reuters India Mobile

Reuters India Mobile

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