Feb 21 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.
* 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.
Trending On Reuters
Maggi in a soup
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said, as the company battles to bring back its popular Maggi noodles that were pulled from shelves over safety concerns. Full Article