RPT-Market Chatter- Corporate finance press digest
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June 5 (Reuters) - The following corporate finance-related stories were reported by media:
* Dave & Buster's Inc has revived plans for an initial public offering after negotiations on an outright sale of the restaurant and arcade chain failed to lead to a deal, according to three people familiar with the matter.
* Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter told Reuters on Wednesday, signalling progress in a long-contemplated deal to merge the third- and fourth-largest U.S. wireless carriers.
* Britain's No. 4 grocer Wm Morrisons will announce a management restructuring in its stores within weeks that could mean losses of up to 2,000 jobs, the Guardian newspaper reported on Thursday, citing sources.
* Britain's OneSavings Bank is set to price its London stock market listing at 170 pence a share, at the bottom of the price range, valuing the business at 413 million pounds ($691.92 million), two sources familiar with the matter said.
* Global private equity firm KKR is likely to acquire a majority stake in India's Avantha Power and Infrastructure Ltd, the Economic Times reported, citing two persons familiar with the development. (link.reuters.com/xyg89v)
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- Carnage at U.N. school as Israel pounds Gaza Strip |
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- U.S. economy back on track with strong second-quarter rebound |
- Argentine debt talks down to the wire to avert default
- EU and U.S. announce new sanctions on Russia over Ukraine |