Monday, February 25, 2013

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

Reuters: Regulatory News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
REPEAT-Market Chatter-Corporate finance press digest
Feb 26th 2013, 05:57

Tue Feb 26, 2013 12:57am EST

Feb 26 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Goldman Sachs Group Inc will begin its annual job cutting process as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigger cuts than fixed-income trading.

* German coalition lawmakers have agreed a draft law that will require traders to get authorisation for high-frequency trading but won't force them to hold investments for minimum periods, a coalition source said.

* Vivendi SA is delaying the sale of its Brazilian telecom unit GVT after the French group failed to obtain offers near its preferred price of 7 billion euros ($9.25 billion), French daily Les Echos reported on its website on Monday without citing sources.

* Royalty Pharma, a private equity group that buys the rights to patented drugs, has made a bid to acquire Elan, the Dublin-based pharmaceutical business, in a deal valuing the company's equity at $6.6 billion, the Financial Times reported.

* Carestream Health Inc, which provides medical imaging systems and other healthcare technology solutions, is looking for a buyer in a deal that could fetch as much as $3.5 billion, people familiar with the matter said.

* Negotiations between Anheuser-Busch InBev SA and the U.S. Department of Justice are moving them closer to a settlement over the brewer's planned purchase of Mexico's Grupo Modelo, said two sources familiar with the matter.

* Private equity firm Carlyle Group LP is preparing to sell aerospace and defence company Arinc Inc and hired JPMorgan Chase & Co and Evercore Partners Inc to advise on the process, three people familiar with the matter said.

* Executives at JPMorgan Chase & Co will announce a jump in international revenues and increased cross-selling between the commercial and investment banks on Tuesday in the first investor day since the "London whale" trading debacle, according to the Financial Times.

* ISS is in talks over a refinancing or an extension of its 32 billion Danish crown ($5.67 billion) debt, banking sources said, adding the Danish outsourcing firm may list its shares this year.

  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.