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Market Chatter-Corporate finance press digest
July 24, 2013 / 4:10 AM / 4 years ago

Market Chatter-Corporate finance press digest

July 24 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* Italy’s biggest retail bank Intesa Sanpaolo is in talks to sell its Ukrainian subsidiary Pravex-bank, a source close to the talks told Reuters on Tuesday.

* Oman plans to invite bids to build a steam cracker plant worth $3.5 billion with a production capacity of 1 million tonnes a year of petrochemical products, two sources close to the project said on Tuesday.

* A longtime ally of Igor Sechin, Rosneft’s chief executive, may leave the state-controlled company to buy possible oil exploration, production or refining assets by himself, Kommersant daily reported on Tuesday, citing sources.

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