Market Chatter- Corporate finance press digest
June 24 (Reuters) - The following corporate finance-related stories were reported by media:
* U.S. specialty media buyout firm Providence Equity Partners LLC is in discussions to buy struggling Australian broadcaster Ten Network Holdings, a source with knowledge of the discussions told Reuters on Tuesday.
* Portugal's second-largest listed bank, Millennium BCP , is preparing to raise 2 billion euros ($2.72 billion) of capital to help it repay state loans faster, sources familiar with the matter told Reuters.
* Italy's Banco Popolare is considering delaying a sale of bad debt until after the summer since the offers it has received are not satisfactory, a source close to the matter said on Monday.
* French bank BNP Paribas SA is likely to pay $8 billion to $9 billion as part of a potential settlement with U.S. authorities over violations of sanctions, according to a person familiar with the matter.
* Loral Space & Communications Inc's efforts to sell itself and its main asset, Telesat Holdings Inc, broke down after the company failed to agree on a potential $7 billion deal with the buyer group, people familiar with the matter said.
* Bahrain-based investment firm Investcorp Bank BSC is looking to sell Berlin Packaging LLC in a deal that could value the U.S. packaging distribution company at around $1.3 billion, according to people familiar with the matter.
* German roofing company Braas Monier (IPO-BMBG.F) will likely sell its shares at between 24 euros and 24.50 euros ($32.58-$33.26) apiece in a stock market listing later this week, two sources familiar with the transaction said on Monday.
* Amazon.com Inc has resumed preorders of movie discs from Time Warner Inc's Warner Bros Studio as the companies are close to resolving a pricing dispute, the Wall Street Journal reported citing people familiar with the matter.
* U.S. authorities have sought information from Dean Foods Co and Clorox Co in connection with an insider-trading investigation of billionaire investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter.
* Goldman Sachs has been hired by Shire as the London-listed drug maker confronts a takeover offer, people briefed on the matter told the New York Times. (nyti.ms/1iAzfyy)
* Monsanto Co, the world's largest seed company worth $64 billion, recently explored a takeover of $34 billion Swiss rival Syngenta AG in a transaction that would have allowed the U.S. firm to move its tax location to Switzerland, people familiar with the matter told Bloomberg. (bloom.bg/T3k44E)
For the deals of the day click on
For the Morning News Call-EMEA newsletter click on (Compiled by Esha Vaish in Bangalore)
- Dallas Ebola patient vomited outside apartment on way to hospital |
- Israel's Netanyahu to Obama: Don't allow Iran deal that leaves it at nuclear threshold
- Turkey vows to fight Islamic State, coalition strikes near border |
- First Ebola case diagnosed in the United States: CDC |
- Hong Kong leader plays waiting game, protesters demand he resigns |