Nov 7 The following corporate finance-related
stories were reported by media on Wednesday:
* Pearson Plc has decided to consider offers for
the Financial Times newspaper this year and may seek at least $1
billion, Bloomberg reported, citing people with knowledge of the
* China's Sinopec is close to buying stakes in
Nigerian onshore oil blocks from French oil major Total SA
worth about $2.4 billion, the Bloomberg news agency
reported, citing two people familiar with the matter.
* Activist investor Nelson Peltz has bought a one percent
stake in Danone SA and is expected to push for cost
cuts and operational changes at the French food conglomerate,
the Financial Times reported.