UPDATE 1-Market Chatter-Corporate finance press digest

Mon Oct 13, 2014 2:15am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds Cinepolis)

Oct 13 (Reuters) - The following corporate finance-related stories were reported by media:

* Canadian Pacific Railway Ltd has approached CSX Corp about merging the two North American railroad operators, according to the Wall Street Journal.

* The People's Operator (TPO), a mobile phone company that donates 10 percent of each user's bill to charity, is planning to list its shares in London to raise funds for expansion into the United States, a source familiar with the deal said.

* India's third-largest steelmaker, JSW Steel Ltd, is nearing a deal to buy embattled West African iron ore miner London Mining Plc, a source with direct knowledge of the negotiations told Reuters.

  Continued...