UPDATE 1-Market Chatter-Corporate finance press digest
Feb 19 (Reuters) - The following corporate finance-related stories were reported by media:
* The European Union antitrust regulator will in the coming days formally object to Telefonica's proposed 8.6 billion euro ($11.83 billion) bid for KPN's German unit, two people familiar with the matter said on Tuesday.
* Standard Chartered Plc is seeking buyers for its Hong Kong consumer finance business, in a deal worth $500 million to $700 million, people familiar with the matter told Reuters on Wednesday.
* Italian mid-tier lender Banca Popolare di Vicenza is planning a cash call for up to 1 billion euros ($1.38 billion) with a view to buying another lender, two sources with knowledge of the situation told Reuters on Tuesday.
* India's Tech Mahindra has shown interest in buying a sizeable equity stake in Jignesh Shah-owned Financial Technologies, the Economic Times reported, citing a person familiar with the talks. ()
* The IPO of TPG Specialty Lending Inc is expected to be completed later this quarter or next quarter, the Wall Street Journal reported, citing a person familiar with the matter. The lender expects to raise between $150 million and $200 million, the person added, and will use some of the proceeds to pay down existing debt. ()
* French government-owned power utility Electricité de France SA is in talks with Indian infrastructure conglomerate GMR Group to acquire a stake in the latter's 900-megawatt (MW) Upper Karnali hydropower project in Nepal, the Mint newspaper reported. ()
* Vale SA, the world's largest iron ore producer, will move forward with a planned offering of 10-year, U.S. dollar-denominated global bonds during the first half of the year, a source with direct knowledge of the transaction said.
For the Morning News Call-EMEA newsletter click on
- Gaza toll passes 100; Israel to counter rockets 'with all power' |
- Mexican train derails, stranding 1,300 migrants headed toward U.S.
- Ukraine says rebels will pay as missiles kill 23 soldiers |
- Texas mass murder suspect collapses in court as crime recounted
- British 'Harry Potter' actor David Legeno found dead in U.S. park