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Market Chatter-Corporate finance press digest

Source : REUTERS
Last Updated: Thu, Nov 08, 2012 10:25 hrs

Nov 7 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation.

* China's Sinopec is close to buying stakes in Nigerian onshore oil blocks from French oil major Total SA worth about $2.4 billion, the Bloomberg news agency reported, citing two people familiar with the matter.

* Activist investor Nelson Peltz has bought a one percent stake in Danone SA and is expected to push for cost cuts and operational changes at the French food conglomerate, the Financial Times reported.

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