July 11 The following corporate finance-related
stories were reported by media on Thursday:
* QVT Financial LP, the third-largest shareholder in obesity
drugmaker Vivus Inc, intends to vote for the full slate
of nine directors proposed by dissident investor First Manhattan
Co, a source familiar with QVT's thinking said on Wednesday.
* Luxury down jacket maker Moncler aims to
float in Milan in December with a valuation of about 2 billion
euros allowing investors to cash in on the brand's stellar
growth, sources close to the matter said.
* Russian state holding company Rosneftegaz may
buy a 13.76 percent stake in Inter Rao energy group
which the government is seeking to privatise, the Vedomosti
newspaper reported on Thursday, citing two sources.