Sunday, June 3, 2012

Reuters: Mergers News: Market Chatter - Corporate finance press digest

Reuters: Mergers News
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Market Chatter - Corporate finance press digest
Jun 4th 2012, 05:48

BANGALORE, June 4 | Mon Jun 4, 2012 1:48am EDT

BANGALORE, June 4 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

* Two of the biggest car dealers for the Warren Buffett-backed Chinese automaker BYD have stopped paying an advance subsidy of 120,000 yuan ($18,850) to buyers of its electric cars, the South China Morning Post said.

* China will continue to invest in euro zone government debt and other assets and urges the single-currency bloc to step up reforms to stem its debt crisis, China's Central Bank Chief Zhou Xiaochuan said in comments published in the Chinese Business News.

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