UPDATE 1-Market Chatter-Corporate finance press digest

Mon Jul 21, 2014 2:08am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds items on Caixabank, General Atlantic, LVMH, China Development Bank, Encana, Chi, Arabtec, U.K. Serious Fraud Office and Club Mediterranee)

July 21 (Reuters) - The following corporate finance-related stories were reported by media:

* An Omani sovereign wealth fund and other shareholders in Bulgaria's Corporate Commercial Bank are seeking to stabilise the troubled lender and hope a feasible plan will be put together within three months, a fund source told Reuters on Sunday.

* Mondelez International Inc and D.E Master Blenders 1753 are considering options including a possible sale of French coffee brands L'Or and Grand Mere as they prepare to merge their coffee businesses, sources familiar with the matter said.

* Spanish banks Caixabank and Banco Santander are the frontrunners to buy bailed-out lender Catalunya Banc in the government's third attempt to sell it, sources with knowledge of the process said on Friday.