Wednesday, May 8, 2013

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

Reuters: Regulatory News
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Market Chatter-Corporate finance press digest
May 9th 2013, 04:12

Thu May 9, 2013 12:12am EDT

May 9 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Dubai Group, an investment vehicle owned by the emirate's ruler, aims to secure a final agreement with creditors on its $10 billion debt restructuring by June 6, potentially ending marathon negotiations that have dragged on nearly three years.

* Japanese lender Resona Holdings Inc is set to unveil a plan to pay off a government debt worth 872 billion yen ($8.8 billion)in five years, sources familiar with the matter said on Thursday, ending more than a decade-old bailout.

* Medical device provider ICU Medical Inc is considering a sale that could fetch more than $1 billion, according to a Bloomberg News report.

* India's GoAir has appointed investment bank JPMorgan to scout for a foreign strategic partner to buy up to 49 percent in the low-cost passenger carrier, the Economic Times reported. ()

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