Sept 5 The following corporate finance-related
stories were reported by media:
* Atlas Mara, the African investment vehicle of
former Barclays boss Bob Diamond, is in talks to buy a $275
million stake in Union Bank of Nigeria, a person
familiar with the matter said on Thursday.
* Spanish call centre operator Atento SA, which is
controlled by buyout firm Bain Capital Partners LLC, is likely
to launch an initial public offering in the United States as
early as next week, a source with knowledge of the deal said.
* China Auto Rental Inc, the country's largest auto rental
firm, launched an initial public offering of up to $468 million
(HK$3.63 billion) in Hong Kong on Friday, raising funds to grow
its fleet and pay down debt, a source with direct knowledge of
the plan said.
* Oman Oil Co, the sultanate's state-run oil firm, has
completed a $1.85 billion two-part loan deal with a group of
mainly international lenders, two sources familiar with the
matter said on Thursday, with the cash to be used for general
* Kuwait Petroleum Corp aims to pick up a significant stake
in Indian Oil Corp's Paradip refinery and supply about
60 percent of the oil needs of the plant, set to start up later
this year, three sources with knowledge of the matter said.
* Spain's Telefonica has the right to sell back its
11 percent stake in Mediaset's pay TV unit Mediaset
Premium if the Italian media group finds another partner for the
business, two sources familiar with the situation told Reuters.
* Australia's Macquarie Group Ltd and Japan's Orix
Corp are among a handful of companies exploring binding
offers for the $5 billion aircraft portfolio being sold by
Dublin-based lessor Awas, people familiar with the matter said.
* Abu Dhabi National Energy Co, the state-owned
explorer and power supplier, may sell assets this year and has
picked two international advisers for a possible sale, two
sources familiar with the matter said on Thursday.
* Sweden's Electrolux AB is near a deal to buy
General Electric Co's iconic appliance business for more
than $2.5 billion, in a move that would significantly expand its
reach in North America, people familiar with the matter said.
* Indian steelmaker JSW Steel is considering buying
the Ilva steel plant in Italy, union sources said on Thursday.
* Wind, the Italian subsidiary of Russian telecoms group
Vimpelcom, is moving ahead with the sale and leaseback
of 11,000 mobile phone masts in a long-expected deal that could
be worth at least 500 million euros ($646.60 million), several
sources familiar with the situation said.
* Borse Dubai has launched an accelerated sale of 8.5
million shares in the London Stock Exchange,
representing around 3.1 percent of the company's issued capital,
two sources familiar with the matter said on Thursday.
For the deals of the day click on
For the Morning News Call-EMEA newsletter click on
(1 US dollar = 0.7733 euro)
(1 Hong Kong dollar = 0.1290 US dollar)
(Compiled by Rama Venkat Raman in Bangalore)