Aug 19 The following corporate finance-related
stories were reported by media on Monday:
* British banking group Lloyds is set to sell its
German insurance business to Frankfurt-listed insurer Hannover
Re for 400 million euros as it continues to
streamline its business, according to a report on
* Japan's Mitsui & Co and U.S. private equity firm
Carlyle Group have submitted preliminary bids for Quality
Healthcare Medical Services, which is being sold by India's
Fortis Healthcare FOHE.NS and is valued at around $300 million,
people familiar with the matter said.
* Australia's Nine Entertainment, majority-owned by U.S.
hedge funds Apollo Global and Oaktree Capital,
has appointed UBS, Morgan Stanley and Macquarie
Group to manage an initial public offering, the
Australian Financial Review said on Sunday.