METALS-London copper slips on stronger dollar
MELBOURNE, March 30 London copper slipped on Thursday in low volume trade as the U.S. dollar held gains on brighter economic signals from the United States.
(Adds Cafe Coffee Day)
May 28 The following corporate finance-related stories were reported by media:
* German engineering company Siemens is ready to sell a 50 percent stake in household goods company BSH to private equity or rival Samsung if partner Bosch does not agree to buy it soon, German paper Frankfurter Allgemeine Zeitung said.
* Cafe Coffee Day has started talks with investment banks for a possible initial public offering of India's biggest cafe chain in Mumbai next year and may seek a valuation of about $1 billion, Bloomberg reported, citing people with knowledge of the matter. (link.reuters.com/cym69v)
* Chinese brokerage Central China Securities has started a pre-marketing process for a $300 million initial public listing in Hong Kong in a month's time, the Shanghai Securities News reported on Wednesday, citing an unidentified company source.
* The China National Petroleum Corporation expects to invest at least $2 billion in Peru over the next 10 years, after having recently bought Petrobras' assets in the country, a top CNPC executive told Reuters on Tuesday.
* Mercury Systems Inc, a supplier of digital signal and image processing systems to the aerospace and defense industry, has ended its exploration of a near-term sale, said three people familiar with the matter.
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* Synovus to resell credit-card portfolio to Capital One - source (Adds stock movement in extended trade)