Market Chatter-Corporate finance press digest
July 30 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:
* Barclays is planning to issue about 5 billion pounds of new shares to help plug a 7 billion pound capital shortfall triggered by new UK regulatory demands, two sources familiar with the matter told Reuters.
* AMR Corp's American Airlines and US Airways will win EU approval for their $11 billion merger to become the world's largest carrier after agreeing to cede slots on a transatlantic route, three persons familiar with the matter said on Monday.
* Twentieth Television, a unit of Rupert Murdoch's 21st Century Fox, plans to market reruns of the Fox network's long-running animated comedy "The Simpsons" and is targeting a package of up to $1 billion, a person with knowledge of the plans said on Monday.
* Volkswagen and Suzuki Motor Corp have resumed talks about how to resolve a dispute about a partnership deal, two sources familiar with the matter said on Monday.
* Telecoms group Vimpelcom has agreed to sell two of its sub-Saharan assets for about $100 million and is bidding for Pakistan's mobile operator Warid Telecom, two banking sources familiar with the matter said.
* OzForex Pty, an online foreign exchange company backed by Macquarie Group Ltd and Carlyle Group LP, is considering an initial public offering that may raise as much as A$500 million ($460.23 million), three people with knowledge of the matter said, Bloomberg reported. ()
- 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