Thursday, April 25, 2013

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

Reuters: Regulatory News
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Market Chatter-Corporate finance press digest
Apr 25th 2013, 06:12

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Thu Apr 25, 2013 2:12am EDT

  April 25 (Reuters) - The following corporate finance-related  stories were reported by media on Thursday:             * Verizon Communications Inc has hired advisers to  prepare a possible $100 billion cash and stock bid to take full  control of Verizon Wireless from joint venture partner Vodafone  Group Plc, two people familiar with the matter told  Reuters.             * Emergency Medical Services Corp, the largest U.S. provider  of ambulance services, has selected underwriters for a $750  million initial public offering, two people familiar with the  matter said.             * China's largest search engine, Baidu Inc, is in  the process of acquiring Chinese online video firm, PPS Net TV,  for between $350-$400 million, China Business News reported on  Thursday, quoting sources.             *  Carlyle Group LP's Synagro Technologies Inc is  preparing to file soon for Chapter 11 bankruptcy protection to  restructure its debt, two sources with knowledge of the  situation told Reuters.             *  Croesus Retail Trust, which focuses on retail real estate  in Japan, launched a $292 million Singapore initial public  offering on Thursday, a person with direct knowledge of the  plans said.             * Italian regional lender Banca Carige is expected  to raise at least 200 million euros ($259.9 million) from the  sale of its asset management unit and its stake in a local  highway company, a financial source said.             * Large shareholders in German public sector insurers  Provinzial Nordwest and Provinzial Rheinland are pushing for the  two to merge and put paid to an advance from Allianz,  three people familiar with the situation said.             * Carlyle Group is in early-stage discussions with India's  Bharti Airtel to acquire a minority stake in the  company's digital TV unit, Business Standard reported. ()            For the deals of the day click on       For the Morning News Call-EMEA newsletter click on  
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