UPDATE 2-Market Chatter -- Corporate finance press digest
(Adds LSE and Ford)
BANGALORE Dec 3 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* Consolidation among the world's stock markets could mean that in five to 10 years there are only five bourses, the head of the London Stock Exchange (LSE.L) told La Repubblica newspaper. [ID:nGEE5B204Q]
* A group led by former Ford Motor Co (F.N) executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal said. [ID:nBNG214290]
* Top management at the Mitsubishi group are open to PSA Peugeot Citroen's (PEUP.PA) taking a more than 50 percent stake in Mitsubishi Motors Corp (7211.T) if conditions are right, the Nikkei business daily said. [ID:nTFA006520]
* The founders of Indian property firm DLF Ltd (DLF.BO) aim to list their real estate investment trust DLF Assets in Singapore by June next year to raise $1.2 billion, the Financial Express. [ID:nBOM478000]
* UK banks have a $5 billion total exposure to Dubai World, making them the biggest foreign creditor group at the Dubai state-owned conglomerate, the Financial Times said. [ID:nGEE5B2004]
* Consumer goods giant Unilever (ULVR.L) is considering the sale of its Italian frozen food business, Findus Italy, for up to 800 million euros ($1.21 billion), The Financial Times said. [ID:nGEE5B200J]
* Thomas Cook (TCG.L) Europe's second-largest tour operator is in talks to buy German travel group Oeger Tours, a specialist for trips to Turkey, the Financial Times Deutschland said on Wednesday. [ID:nGEE5B125Q] (Compiled by Shivani Singh; Editing by Greg Mahlich) ((shivani.singh@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging:shivani.singh.thomsonreuters.com@reuters.net))
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters