Market Chatter -- Corporate finance press digest

BANGALORE, March 12 | Thu Mar 11, 2010 11:45pm EST

BANGALORE, March 12 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Oil giant Exxon Mobil Corp (XOM.N) is looking to sell its New Zealand downstream assets, including a network of almost 200 petrol stations, local media reported on Friday. [ID:nSGE62A0JN]

* U.S. buyout firm Advent International has appointed advisors to assess a possible sale of budget store chain Poundland, the Financial Times reported on Friday. [ID:nLDE62B001]

* Australian miner Cape Lambert Resources (CFE.AX) plans to sell its Lady Annie copper project to China Sci-Tech Holdings Ltd (0985.HK) for about A$130 million ($106.3 million), the Australian Financial Review said on Friday. [ID:nSGE62A0JU]

(Compiled by Purwa Naveen Raman in Bangalore)

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