(Adds Qingdao Port International)
May 30 (Reuters) - The following corporate finance-related stories were reported by media:
* Swift Worldwide Resources, a firm that staffs big global energy projects with mainly engineers, expects to go public or be acquired within the next five years, the company’s CEO told Reuters on Thursday.
* Chinese port services firm Qingdao Port International Co and its controlling shareholder raised a combined HK$2.92 billion ($377 million) in a rare fixed-price initial public offering of shares, sources with direct knowledge of the deal said on Friday.
* Former Microsoft Corp Chief Executive Officer Steve Ballmer won the bidding war for the NBA’s Los Angeles Clippers franchise with a $2 billion offer, a record for a professional basketball team, a source with knowledge of the bidding said on Thursday.
* GlaxoSmithKline has invited private equity firms to consider making offers for a range of its older drugs sold in Western markets, according to three people with direct knowledge of the matter.
* Germany’s Deutsche Telekom AG is willing to keep a minority stake in a deal to sell T-Mobile US Inc to Japan’s Softbank Corp, but other details such as price and financing remain to be worked out, according to sources familiar with the situation.
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