April 16, 2014 / 3:55 AM / 4 years ago

Market Chatter-Corporate finance press digest

April 16 (Reuters) - The following corporate finance-related stories were reported by media:

* Moelis & Co’s initial public offering has been priced at $25 per share - below its expected range - a market source said, valuing the independent investment bank at about $1.29 billion.

* A consortium of eight ‘anchor’ investors have committed to buying a 25-30 percent stake in stock exchange operator Euronext ahead of a potential 1.5 billion euro ($2.07 billion) listing by current owner IntercontinentalExchange, which is expected in June, three sources familiar with the matter said on Tuesday.

* The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.

* ConMed Corp, a surgical device maker that has been fighting off activist investors, is exploring a sale and has contacted large medical device companies to gauge their buyout interest, people familiar with the matter said on Tuesday.

* Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds ($1.51 billion), industry and financial sources said.

For the deals of the day click on

For the Morning News Call-EMEA newsletter click on ($1 = 0.7234 Euros) ($1 = 0.5977 British Pounds) (Compiled by Aastha Agnihotri in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below