Dec 26 The following corporate finance-related stories were reported by media on Tuesday:
* Japan's Mitsubishi Chemical Holdings Corp will acquire Qualicaps Co Ltd from U.S.-based Carlyle Group LP , a person familiar with the matter said on Tuesday, rewarding the buyout firm's second attempt to sell the drug capsule maker.
* Private equity firms Carlyle Group LP and KKR & Co LP have emerged as the lead contenders to take over Reynolds and Reynolds, a software company hoping to sell itself for $5 billion, three people familiar with the matter said.
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India is considering setting up an independent panel to help state-owned banks negotiate settlements with big businesses on bad loans, in order to shield bankers from a populist backlash they say is hobbling efforts to clean up their balance sheets. Full Article