Market Chatter -- Corporate finance press digest
BANGALORE, April 10 |
BANGALORE, April 10 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:
* Indian conglomerate Sahara India Pariwar Ltd made an unsolicited $600 million offer to acquire the landmark Plaza Hotel in New York, the Wall Street Journal reported, citing people familiar with the matter.
* Philippine Airlines (PAL) may spend up to $1 billion for a refleeting programme to boost its competitiveness after a deal last week in which conglomerate San Miguel Corp will become a substantial investor, a local newspaper reported on Tuesday.
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