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Market Chatter - Corporate finance press digest
October 16, 2012 / 4:20 AM / 5 years ago

Market Chatter - Corporate finance press digest

Oct 16 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:

* Royal Bank of Scotland will get the go-ahead this week from government and regulators to exit the state-backed insurance scheme covering its old “toxic assets”, in an early step towards reprivatisation, the Financial Times reported.

* Next Media Ltd, controlled by Hong Kong media mogul Jimmy Lai, will sell all its Taiwan newspaper, magazine and online video assets to a Taiwanese consortium for around $600 million, media reports said on Tuesday.

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