UPDATE 1-Market Chatter -- Corporate finance press digest

Thu Nov 5, 2009 3:32am EST

(Adds item on Agrium)

BANGALORE Nov 5 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* An investment company controlled by the Shanghai city government will own a majority stake in a planned Disney theme park that won key government approval this week, the People's Daily reported on Thursday. [ID:nPEK149523]

* China Pacific Insurance (Group) Co Ltd (601601.SS), China's third-largest life insurer, plans to carry out its planned Hong Kong listing by Christmas, the official China Securities Journal said on Thursday. [ID:nSHA144989]

* Scripps Networks (SNI.N) is close to an agreement to acquire a majority stake in the Travel Channel from Cox Communications [COXC.UL], the nation's third-largest cable company, the New York Times' DealBook blog reported on Wednesday. [ID:nN0472241]

* British real estate developer Quintain Estates and Development (QED.L) is set to launch a 180 million pound ($296.5 million) rights issue on Thursday, the Daily Telegraph reported. [ID:nL4311648]

* In the latest twist in a takeover battle running since January, Canadian fertilizer maker Agrium Inc (AGU.TO) is planning to make a final offer for CF Industries Holdings Inc (CF.N) on Thursday, the Wall Street Journal said, citing people familiar with the matter. [ID:nBNG318362]

For Deals of the day, please click on [ID:nSP167797] (Compiled by Tresa Sherin Morera, editing by Will Waterman)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.