RPT-Market Chatter-Corporate finance press digest

Thu Sep 5, 2013 2:01am EDT
 
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Sept 5 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Italy's Finmeccanica has reached a preliminary agreement to sell a majority stake in power unit Ansaldo Energia to South Korea's Doosan Heavy Industries, a source with direct knowledge of the situation told Reuters.

* State-run Banco do Brasil SA is negotiating a new partnership model for an investment bank with subsidiary Banco Votorantim SA, with the focus on strengthening equity research and advisory on mergers and acquisitions and capital markets deals, a source with direct knowledge of the talks said on Wednesday.

* Praktiker, the insolvent German home improvement store chain, is likely to be broken up after attracting bids only for its Max Bahr business and some Praktiker branches, a source close to the negotiations told Reuters.

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