Market Chatter- Corporate finance press digest

Wed Nov 27, 2013 11:06pm EST
 
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Nov 28 (Reuters) - The following corporate finance-related stories were reported by media:

* The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-wide investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery laws, according to people familiar with the matter.

* Sinopec , China's biggest oil refiner, is in talks with Apache Corp to buy a stake in the Kitimat LNG export project on Canada's Pacific coast, according to an industry executive with direct knowledge of the matter.

* Charter Communications is arranging $25 billion in debt financing to help it fund a bid for Time Warner Cable , the Wall Street Journal reported on Wednesday, citing anonymous sources.

* Orange Chief Executive Stephane Richard faces a hearing in a French administrative court over his role as a government aide in a 2008 arbitration case in which the state awarded a large pay-out to businessman Bernard Tapie, sources with direct knowledge of the matter told Reuters.

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