Market Chatter-Corporate finance press digest

Mon Apr 29, 2013 12:20am EDT
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April 29 (Reuters) - The following corporate finance-related stories were reported by media over the weekend and on Monday:

* A proposed merger of Valeant Pharmaceuticals International Inc and Actavis Inc was put on hold after the two drugmakers failed to agree on terms of a deal that would have created a healthcare giant with a combined market value of $35 billion, a person familiar with the situation told Reuters on Saturday.

* An Italian judge has rejected an order to seize around 1.8 billion euros ($2.34 billion) of assets from Nomura Holdings Inc as part of a probe into suspected fraud involving troubled lender Monte dei Paschi di Siena, legal sources said on Saturday.

* Japan's Sumitomo Mitsui Banking Corp is in advanced talks to buy a $1.2 billion stake in BTPN, an Indonesian lender backed by TPG Capital, people familiar with the matter told Reuters.

* Russia's second-largest bank VTB has won firm orders for its entire offering of new shares worth $3.3 billion, a source close to the bank said on Sunday, bolstering its capital strength as it eyes a push into retail lending.   Continued...