Wednesday, October 24, 2012

Reuters: Regulatory News: Market Chatter-Corporate finance press digest

Reuters: Regulatory News
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Market Chatter-Corporate finance press digest
Oct 25th 2012, 04:09

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Thu Oct 25, 2012 12:09am EDT

  Oct 25 (Reuters) - The following corporate finance-related  stories were reported by media on Thursday:             * Private real estate investor Starwood Capital Group will  buy LNR Property LLC, the largest U.S. special servicer of sour  mortgages, for more than $1 billion, the Wall Street Journal  reported, citing two people with knowledge of the deal.               * Scandinavian airline SAS AB will ask employees to  take pay cuts of between 15 and 25 percent as part of a plan to  slash costs and return to profit, Danish newspaper Berlingske  reported, citing unnamed sources.         * Admiralty Arch, one of London's most distinctive  buildings, has been sold to Rafael Serrano, a Spanish investor,  for a figure near 60 million pounds ($96.18 million), the  Financial Times reported.  

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