Several private equity funds in bid talks with Sorin: sources
MILAN (Reuters) - At least three private equity funds, including Charterhouse Capital Partners, are in bid talks with Italy's biomedical group Sorin (SORN.MI), two sources close to the situation told Reuters on Thursday.
Italian daily la Repubblica reported that Charterhouse had offered 2 euros per share to buy the group, but the sources said there had been no formal offer from the fund.
"There is an interest from several players," one of the sources said.
Sorin shares were suspended for excessive volatility, and were indicated 15 percent higher at 1.7510 by 0745 GMT.
(Reporting By Massimo Gaia)
WASHINGTON - The Federal Reserve on Wednesday embarked on the risky task of winding down the era of easy money, saying the U.S. economy was finally strong enough for it to start scaling down its massive bond-buying stimulus. | Video
WASHINGTON - Start-up companies will be able to raise much more capital through certain public stock deals without facing costly regulatory burdens under a proposal announced by U.S. securities regulators on Wednesday.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.