June 24 The following corporate finance-related
stories were reported by media:
* U.S. specialty media buyout firm Providence Equity
Partners LLC is in discussions to buy struggling Australian
broadcaster Ten Network Holdings, a source with
knowledge of the discussions told Reuters on Tuesday.
* Portugal's second-largest listed bank, Millennium BCP
, is preparing to raise 2 billion euros ($2.72 billion)
of capital to help it repay state loans faster, sources familiar
with the matter told Reuters.
* Italy's Banco Popolare is considering delaying a
sale of bad debt until after the summer since the offers it has
received are not satisfactory, a source close to the matter said
* French bank BNP Paribas SA is likely to pay $8
billion to $9 billion as part of a potential settlement with
U.S. authorities over violations of sanctions, according to a
person familiar with the matter.
* Loral Space & Communications Inc's efforts to
sell itself and its main asset, Telesat Holdings Inc, broke down
after the company failed to agree on a potential $7 billion deal
with the buyer group, people familiar with the matter said.
* Bahrain-based investment firm Investcorp Bank BSC
is looking to sell Berlin Packaging LLC in a deal that
could value the U.S. packaging distribution company at around
$1.3 billion, according to people familiar with the matter.
* German roofing company Braas Monier (IPO-BMBG.F) will
likely sell its shares at between 24 euros and 24.50 euros
($32.58-$33.26) apiece in a stock market listing later this
week, two sources familiar with the transaction said on Monday.
* Amazon.com Inc has resumed preorders of movie
discs from Time Warner Inc's Warner Bros Studio as the
companies are close to resolving a pricing dispute, the Wall
Street Journal reported citing people familiar with the matter.
* U.S. authorities have sought information from Dean Foods
Co and Clorox Co in connection with an
insider-trading investigation of billionaire investor Carl
Icahn, the Wall Street Journal reported, citing people familiar
with the matter.
* Goldman Sachs has been hired by Shire as the
London-listed drug maker confronts a takeover offer, people
briefed on the matter told the New York Times. (nyti.ms/1iAzfyy)
* Monsanto Co, the world's largest seed company
worth $64 billion, recently explored a takeover of $34 billion
Swiss rival Syngenta AG in a transaction that would
have allowed the U.S. firm to move its tax location to
Switzerland, people familiar with the matter told Bloomberg. (bloom.bg/T3k44E)
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(Compiled by Esha Vaish in Bangalore)