Wednesday, October 31, 2012

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

Reuters: Regulatory News
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Market Chatter-Corporate finance press digest
Nov 1st 2012, 04:03

Thu Nov 1, 2012 12:03am EDT

Nov 1 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* A subsidiary of China Investment Corp, the country's sovereign wealth fund, is buying a 10 percent stake in the UK's Heathrow Airport, state news agency Xinhua reported.

* Telenor has opened the door to a potential sale of its $6.4 billion stake in VimpelCom, the world's sixth-largest telecoms group by subscribers, the Financial Times reported.

* JPMorgan Chase & Co has filed suit against the former boss of Bruno Iksil, the trader known as the London Whale for the outsized derivatives positions he took that cost the bank $6.2 billion this year, Bloomberg News reported.

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