Reuters: Private Equity

Market Chatter -- Corporate finance press digest

Sun, 22 Nov 2009 23:11:34 -0500

BANGALORE, Nov 23 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

UPDATE 1-KEB shares hit 17-mth peak on Hana Fin interest

Sun, 22 Nov 2009 21:37:59 -0500

* Hana says financing not a big problem (Adds background)

UPDATE 2-Ciena raises bid for some Nortel assets-sources

Sun, 22 Nov 2009 18:24:56 -0500

* Auction for metro ethernet assets ongoing-sources (Adds analyst comments, details on Ciena bid, byline)

German bank HSH to return unused rescue cash -paper

Sun, 22 Nov 2009 17:05:33 -0500

FRANKFURT, Nov 22 (Reuters) - German ship financier HSH Nordbank [HSH.UL] plans to return 13 billion euros ($17.4 billion) in unused guarantees to the German government's bank rescue fund Soffin, HSH's chief executive told a newspaper.

UPDATE 1-Egypt's Citadel to list shares on exchange-report

Sun, 22 Nov 2009 14:54:06 -0500

CAIRO, Nov 22 (Reuters) - Egyptian private equity firm Citadel Capital, which manages $8.3 billion in investments, will soon list its shares on the Egyptian Exchange, Al-Mal newspaper wrote in its Sunday edition, without citing a source.

Egypt's Citadel to list shares on stock exchange-press

Sun, 22 Nov 2009 08:16:34 -0500

CAIRO, Nov 22 (Reuters) - Egyptian private equity firm Citadel Capital, which manages $8.3 billion in assets, will soon list its shares on the Egyptian Exchange, Al-Mal newspaper wrote in its Sunday edition, without citing a source.

UPDATE 1-Ciena takes Nortel unit auction to 2nd day -sources

Sat, 21 Nov 2009 15:30:28 -0500

* Optical networking, carrier ethernet unit sale continues

Ciena takes Nortel unit auction to 2nd day -sources

Sat, 21 Nov 2009 14:51:27 -0500

NEW YORK, Nov 21 (Reuters) - The auction for Nortel Network's optical networking and carrier ethernet business went into a second day on Saturday, after Ciena called for a break in the auction late on Friday, two sources said.

U.S. group Crown plans Volvo cars bid-paper

Sat, 21 Nov 2009 04:39:10 -0500

STOCKHOLM, Nov 21 (Reuters) - A U.S.-led group will make an offer for Ford-owned Volvo cars next week, rivalling a bid already on the table from China's Zhejiang Geely Holding Group , the daily Dagens Industri reported on Saturday.

UPDATE 3-Ad agency Cossette favors Mill Road takeover

Fri, 20 Nov 2009 21:06:42 -0500

* Takeover battle has raged since July (Recasts, adds Cosmos comment)