BRIEF-Altice in exploratory discussions with Prisa concerning possible offer for Media Capital
* Altice NV in exploratory discussions with Prisa concerning a possible formal offer for Media Capital
Brazilian food processor Minerva and its controlling shareholder said on Tuesday they planned to price a share offering on Nov. 28 to raise at least 417 million reais ($205 million) based on current share prices.
Minerva plans to sell 37.5 million new shares in the offering and may expand the new issue by up to 5.625 million shares. Controlling shareholder VDQ Holdings may also sell up to 7.5 million of its shares in the company during the offering.
Shares of Minerva closed at 11.13 reais each on Monday.
* Activist investor third point llc says nestle should be able to improve margins by as much as 400 basis points