Market Chatter- Corporate finance press digest
July 30 (Reuters) - The following corporate finance-related stories were reported by media:
* New York's banking regulator is seeking to place government monitors in the U.S. offices of Deutsche Bank AG and Barclays Plc as part of its investigation into the foreign-exchange market, a person familiar with the matter said.
* A June 30 debt interest payment made by Argentina in defiance of a U.S. court ruling is still held in the Buenos Aires account of trustee agent Bank of New York Mellon, a source at the Central Bank of the Republic of Argentina told Reuters on Tuesday.
* Italy's No. 2 utility Edison, a unit of France's EDF, and Italian infrastructure fund F2i have signed a deal to form a new renewable energy group, a source close to the situation said on Tuesday.
* Banco Santander Brasil SA, the nation's largest foreign lender, is in the final stages of negotiations to create a joint venture with consumer lender Banco Bonsucesso SA, a source with knowledge of the situation said on Tuesday.
* Italy's Poste Italiane will invest 65 million euros ($87 million) into troubled flagship carrier Alitalia as part of a deal with banks meant to pave the way for a tie-up with Etihad Airways, two sources close to the matter said on Tuesday.
* The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
* Awas, the aircraft leasing company owned by British private equity firm Terra Firma, is working on a break-up that could value the Dublin-based lessor at roughly $13 billion, according to people familiar with the matter.
* Commodity trader Glencore is trying to sell some of its inland grain silos in strife-torn Ukraine, due to a change in grains storage and transport trends which is making them redundant, sources close to the situation said on Tuesday.
For the deals of the day click on
For the Morning News Call-EMEA newsletter click on (Compiled by Abhiram Nandakumar in Bangalore)
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Japan shares soar, yen skids after BOJ stuns with new easing steps
- Suspect in Pennsylvania police ambush captured after seven-week manhunt
- Oil price declines have small-cap shale investors scrambling
- China says nets 180 graft suspects in overseas manhunt