Tuesday, December 4, 2012

Reuters: Regulatory News: UPDATE 1-Market Chatter-Corporate finance press digest

Reuters: Regulatory News
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UPDATE 1-Market Chatter-Corporate finance press digest
Dec 5th 2012, 05:00

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Wed Dec 5, 2012 12:00am EST

  Dec 5 (Reuters) - The following corporate finance-related  stories were reported by media on Wednesday:             * Freeport-McMoRan Copper & Gold Inc is planning big  acquisitions in the oil and gas sector, a multibillion-dollar  move that would take the U.S. mining group back to its roots as  an energy producer, the Financial Times reported citing several  people familiar with the matter. ()            * British supermarket operator Tesco Plc will  launch a strategic review of its money-losing Fresh & Easy chain  in the United States, Sky News reported.                 * Germany's privately owned Intersnack is finalising an  agreement to buy United Biscuits' savoury snacks arm,  KP Snacks, for more than 400 million pounds ($644.million),  Bloomberg reported citing three people familiar with the  discussions. United Biscuits' owners Blackstone and PAI   kicked off the auction in August by hiring Credit  Suisse, after failing to sell the whole company in 2010.  

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