Market Chatter - Corporate finance press digest
Sept 13 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* MetLife Inc's pact to sell the banking business to General Electric Co has fallen further behind schedule, leaving in limbo its bid to spend some of its excess capital on dividend increases and stock buybacks, the Wall Street Journal reported.
* Reliance Industries Ltd (RIL) may submit a non-binding offer to buy the liquefied natural gas assets of Spanish energy giant Repsol, with a Sept. 19 deadline for filing bids, the Times of India reported citing sources briefed on the matter.
* Infosys Ltd, India's second-largest software exporter, may consider returning money to shareholders and making acquisitions to utilise the biggest amount of cash among outsourcers in the south Asian country, reported Bloomberg.
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Thai PM calls snap election, protesters press on |
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Singapore hit by rare outbreak of rioting, 27 arrested |
- Venezuela's Maduro to raise pressure on business after local vote