Dec 10 The following corporate finance-related
stories were reported by media:
* Three state-owned Gulf firms are considering a joint bid
for a minority stake in Occidental Petroleum Corp's
Middle East and North Africa unit, a deal that could be worth
between $8 billion and $10 billion, three banking sources said.
* Freedom Group Inc proposed on Monday to raise $225 million
in debt and equity to help buy out some of private equity firm
Cerberus Capital Management LP's investors, in a deal that
values the controversial gun maker at about $1.2 billion.
* Nokia has offered to pay a 270 million euro
($369 million) deposit to Indian authorities to unfreeze assets
in a tax dispute, according to sources familiar with the matter.
* Brazil's antitrust watchdog Cade has not ruled out the
possible division of wireless carrier TIM Participações SA
into units to be bought up by local rivals, a
government source familiar with the agency's reasoning told
Reuters on Monday.
* The board of Italy's Monte dei Paschi di Siena
is expected to meet later this week to discuss the timing of a
three-billion euro capital increase as its top shareholder
raises pressure to delay the issue, sources said on Monday.
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