(Adds IBM, Sankaty Advisors and Danone)
July 28 The following corporate finance-related
stories were reported by media:
* Bain Capital's credit arm, Sankaty Advisors, is buying the
debt portfolio of JPMorgan's principal investment group for more
than $1 billion, the Financial Times reported.
* Italy's UniCredit is close to selling a new
portion of its private equity holdings after a similar deal in
2013, a source close to the matter said on Sunday, as European
banks shed non-core assets to strengthen their capital base.
* A deal to resolve a U.S. regulator's claims against
Goldman Sachs Group Inc over mortgage-backed securities
sold to Fannie Mae and Freddie Mac leading
up to the financial crisis could cost the bank between $800
million and $1.25 billion, according to a person familiar with
* The new management of Italy's Eni plans to press
on with the sale of a controlling stake in oil services
subsidiary Saipem so it can focus on the more
lucrative business of finding oil and gas, sources said.
* Exxon Mobil Corp is considering a
multibillion-dollar plan to expand its Beaumont, Texas, refinery
into the country's largest, the first major refining investment
of the U.S. shale oil boom, people with knowledge of the
* Sweden's Nordic Capital is considering listing Thule, a
maker of car roof storage boxes, on the Stockholm stock market
this year and has picked Goldman Sachs and Nordea to lead the
offering, three people familiar with the matter said.
* Philips has taken a first step towards selling a
stake in a lighting components business it is currently carving
out by appointing Morgan Stanley to handle the sale
process, three people familiar with the matter said.
* French dairy group Danone is in talks to sell
its medical nutrition business to U.S. group Hospira in
a deal valuing the unit at about $5 billion, the Financial Times
reported on Sunday, citing people familiar with the situation.
* International Business Machines Corp's attempt to
sell its slumping chip manufacturing business to Globalfoundries
Inc deteriorated when the two companies failed to agree on a
price, Bloomberg reported.
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(Compiled by Abhiram Nandakumar in Bangalore)