Market Chatter -- Corporate finance press digest

Mon Jun 15, 2009 3:18am EDT
 
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LONDON, June 15 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media:

* Lovefilm, the British mail order DVD rental company, is in talks with private equity firms including KKR and Silver Lake Partners about buying out existing shareholders and providing support for expansion, the Financial Times reported on Monday, citing people with direct knowledge of the strategy.

* Bain Capital and PAI Partners have both made offers for about 30 percent of Italian eyewear maker Safilo Group (SFLG.MI) and the potential deal might also include an option to acquire a majority holding at a later date, the FT reported, citing a person close to the talks.

* Winkworth, the London estate agency, plans to float on the Alternative Investment Market in the autumn, the Times reported, citing managing director Dominic Agace.

* Anheuser-Busch Inbev (ABI.BR), the world's largest brewer, is considering divesting its central European operations involving 11 breweries in seven countries, Belgian newspaper Le Soir reported on Saturday. [ID:nLD295200]

* Spain's Santander (SAN.MC) is targeting bank acquisitions in the United States in the next five years, according to its Chief Executive, who was quoted in Spanish financial daily Expansion on Saturday. [ID:nLD272774]

* Egypt's market regulator is reviewing a complaint submitted by France Telecom (FTE.PA) about the rejection of its bid for buying out minority shareholdings in Mobinil (EMOB.CA), the daily Al Masry Al Youm said on Sunday. [ID:nLE654407]

* Irish bottle-making company Ardagh Glass [ARDGR.UL] will try to sell 300 million euros ($422 million) in new bonds this week to repay bank debt, the Financial Times reported on Monday, without citing a source. [ID:nLE198779]

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