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Market Chatter-Corporate finance press digest
May 30, 2013 / 4:12 AM / 5 years ago

Market Chatter-Corporate finance press digest

May 30 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Italy’s Fiat is in talks for as much as $10 billion in financing from a pool of banks to buy the stake in Chrysler it does not already own and refinance the two automakers’ debt, Bloomberg reported.

* Morgan Stanley has told investors that its struggling fixed-income unit will need to stay small in order to improve the profitability of the business, the Wall Street Journal reported, citing people familiar with the matter. ()

* Thailand’s Charoen Pokphand Foods is looking for opportunities to buy assets in Europe and the United States after a failed bid for U.S. pork producer Smithfield Foods Inc . “The global economic crisis has prompted many companies to approach us to sell assets. We are in talks on several deals,” President and CEO Adirek Sripratak told Reuters.

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