Market Chatter- Corporate finance press digest - Sept 19
Sept 19 (Reuters) - The following corporate finance-related stories were reported by media:
* Canada, which has seen a fair share of U.S. activist investors cross the border in the last years, may soon have more of them knocking on its door. Calgary-based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.
* A handful of large shareholders are calling on nutritional supplement retailer Vitamin Shoppe Inc to consider a sale to private equity or larger rival GNC Holdings Inc, according to people familiar with the matter.
* London-based Mako Global Investors is backing former Marble Bar Asset Management portfolio manager Christian Thum to launch a European equities-focused hedge fund in the fourth quarter, sources familiar with the matter said.
* Malaysian helicopter operator Weststar Aviation Services, partly owned by U.S. private equity company KKR, is inviting banks to pitch for a share listing slated for 2015, sources said. Continued...