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(AFX UK Focus) 2009-10-12 05:35
Glance-Market Chatter -- Corporate finance press digest
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BANGALORE, Oct 12 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

  • PRIVATE EQUITY FIRM BLACKSTONE GROUP LP IS PLANNING TO LIST up to eight companies it owns and sell at least five others, the Financial Times said on Monday.

  • BARCLAYS PLC IS PLANNING TO SPIN OFF A 4-billion-pound ($6.35 billion) portfolio of complex credit assets as it presses ahead with a process to clean up its balance sheet, the Financial Times said on Monday.

  • CHINA'S MINSHENG BANKING CORP HAS ACCELERATED its plans for an initial public offering in Hong Kong, aiming to get a hearing for the listing by month's end, local media reported on Monday.

  • CHINESE STATE-OWNED METALS CONGLOMERATE CHINALCO DOES NOT intend to take a stake in UC RUSAL when the indebted Russian aluminium company lists shares in Hong Kong later this year, the South China Morning Post reported Monday.

  • RYANAIR COULD USE A POTENTIAL ACQUISITION OF AER Lingus as a vehicle to buy Britain's bmi from Deutsche Lufthansa, Ryanair's chief executive was quoted as saying.

  • THE PININFARINA FAMILY IS UNLIKELY TO SELL A majority stake in the Italian car designer and niche manufacturer to an emerging market automaker, CEO Silvio Pietro Angori told Sunday's Il Sole 24 Ore newspaper.

  • BRITISH BANK LLOYDS HAS LINED UP A SYNDICATE OF investment banks to underwrite an 11 billion pound ($17.6 billion) rights issue, the Sunday Times reported.

  • BRITISH SECURITY SOFTWARE FIRM SOPHOS IS SET FOR FOR A $1 billion flotation on Nasdaq next year, two years after abandoning plans to list in London because of market volatility, the Sunday Times reported.

  • BRITISH GAS PRODUCER BG GROUP HAS RECEIVED AN unsolicited bid for most of its 1.5 billion pound ($2.4 billion) power generation business and could announce a sale shortly, the Sunday Times reported.
    (Compiled by Purwa Naveen Raman in Bangalore)

    Keywords: FINANCIAL CHATTER/ (purwa.naveen@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging: purwa.naveen.thomsonreuters.com@reuters.net)

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