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Market Chatter- Corporate finance press digest
October 30, 2013 / 4:01 AM / in 4 years

Market Chatter- Corporate finance press digest

Oct 29 (Reuters) - The following corporate finance-related stories were reported by media:

* Activist investor Nelson Peltz said Mondelez International Inc was doing too little to cut costs, the Wall Street Journal reported on Tuesday, citing a presentation given by Peltz in Chicago.

* Private equity firm CVC Capital Partners is in advanced talks to buy a majority stake in high-end China restaurant chain South Beauty Investment Co Ltd for around $300 million, two sources with knowledge of the matter told Reuters.

* JPMorgan Chase & Co and the U.S. Justice Department have hit snags in working out the final details of their $13 billion settlement over the bank’s mortgage bonds, two people familiar with the talks said.

* Warehouse retailer BJ’s Wholesale Club is launching a $2.1 billion refinancing credit Thursday, sources told Thomson Reuters LPC. Deutsche Bank is lead left, with Citi, Barclays, Jefferies and Morgan Stanley to the right.

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