June 6 | Wed Jun 6, 2012 12:14am EDT
June 6 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:
- Spain's government is working on a new banking reform, the third this year, to ensure lenders have sufficient capital to deal with losses on mortgages as well as on loans to businesses and consumer credit, a business newspaper said on Wednesday.
- Chesapeake Energy Corp is in advanced talks to sell almost all of its pipeline assets for more than $4 billion to Global Infrastructure Partners, Bloomberg reported, citing sources with knowledge of the matter.
- Family-history research website Ancestry.com Inc is thinking of putting itself up on the block and is working with Frank Quattrone's Qatalyst Partners to find buyers, Bloomberg news reported, citing a person with knowledge of the situation.
- Panasonic Corp is making final arrangements to provide up to 50 billion yen ($635 million) in capital to scandal-hit Olympus Corp, Kyodo news agency reported on Wednesday, a move that will make Panasonic the company's top shareholder.
0 comments:
Post a Comment