Web Sify
Follow us on

Market Chatter-Corporate finance press digest

Source : REUTERS
Last Updated: Mon, Feb 18, 2013 06:30 hrs

Feb 18 (Reuters) - The following corporate finance-related stories were reported by media.

* Private equity firm CVC Capital Partners is planning to float Formula One on the Singapore stock exchange in October and is targeting a valuation of more than $10 billion, the Telegraph reported.

* BT is in talks to acquire football rights from sports broadcaster ESPN as the channel explores an exit from the UK, the Financial Times reported.

* Man Group's incoming Chief Executive Emmanuel Roman plans to nearly double the size of the hedge fund firm's executive committee as part of a management shake-up at the company, the Financial Times reported on Sunday.

* Senior bankers at Royal Bank of Scotland are in line to share a multi million-pound bonus windfall, in a move that risks stoking another pay row at the bailed-out bank in the wake of the 390 million pounds Libor fine, the Guardian reported.

* UK's Takeover Panel is under pressure to make a potentially decisive intervention in the battle for control of Bumi ahead of Thursday's showdown meeting, the Telegraph Reported.

blog comments powered by Disqus
most popular on facebook
talking point on sify news