UPDATE 1-Market Chatter-Corporate finance press digest

Thu Feb 21, 2013 11:37am IST

Related Topics

Stocks

   

Feb 21 (Reuters) - The following corporate finance-related stories were reported by media:

* Citigroup Inc Chairman Michael O'Neill is not eager to explore a breakup of the third-largest U.S. bank, the Wall Street Journal reported, citing people familiar with the matter.

* MetLife Inc, the largest U.S. life insurer, has put its British bulk annuity business, MetLife Assurance Ltd, up for sale and has hired investment bankers from Citibank to run an auction for the unit, a person familiar with the matter told Reuters.

* Lufthansa, United Airlines and Air Canada are set to secure EU antitrust approval for their tie-up after agreeing to cede slots at Frankfurt and New York airports to rivals, a person familiar with the matter said on Wednesday.

* Nigeria Liquefied Natural Gas Company (NLNG) has appointed France's BNP Paribas and GT Bank to help raise around $1.6 billion for six LNG carrier ships, a banking source close to the deal said on Wednesday.

* Private equity firm Forstmann Little & Company has decided to put its sports and modelling talent agency IMG up for sale and is in the process of picking an investment bank to lead the effort, three people familiar with the matter said.

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

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Paring Debt

Paring Debt

Jaiprakash to sell hydro plants to Reliance Power  Full Article 

Mideast Conflict

Mideast Conflict

U.N. Security Council calls for humanitarian ceasefire in Gaza  Full Article 

Market Eye

Market Eye

Foreign investors prefer Indian cyclicals, utilities - Macquarie  Full Article 

Debt Investment

Debt Investment

India's FII debt limit hike credit-positive, says Moody's  Full Article 

Reuters India Mobile

Reuters India Mobile

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