March 20 The following corporate finance-related
stories were reported by media on Wednesday:
* Swiss drugmaker Roche Holding AG and a buyout
group comprising KKR & Co LP and Hellman & Friedman LLC
have joined the bidding for Life Technologies Corp, a
genetic testing company coveted for its advanced diagnostics and
steady cash flow, according to people familiar with the matter.
* Yahoo Inc is in talks to acquire a controlling
stake in Dailymotion, one of the world's most popular online
video websites, in what would be Yahoo CEO Marissa Mayer's
largest deal since taking the reins in July, the Wall Street
Journal reported on Tuesday, citing anonymous sources.
* Visa Europe's owners may decide to sell the credit card
company to U.S.-based Visa Inc and set up a rival system
in Europe, the Wall Street Journal reported, citing people
familiar with the matter. In the event of a possible sale, the
business could be valued at about $3 billion, the report said.
* Hedge fund firm Farallon Capital Management LLC is raising
a new real estate fund of about $350 million to $400 million,
the first time Farallon has set up a separate fund exclusively
for the asset class, according to two sources familiar with the
* German steelmaker ThyssenKrupp is looking into
ways of strengthening its finances, including a possible share
issue, as it battles to cut debt and recover from a disastrous
expansion in the Americas, three people familiar with the matter
* Russian property company O1 Properties has bought Moscow's
White Square office complex, home to a local arm of Microsoft
, for about $1 billion in the country's largest ever
office deal, a source close to the sale said.