March 16, 2015 / 4:13 AM / 3 years ago

Market Chatter- Corporate finance press digest- March 16

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The following corporate finance-related stories were reported by media:

* Carmike Cinemas Inc, the fourth-largest U.S. movie theater chain, has hired investment bank JPMorgan Chase & Co to help it explore strategic alternatives, including a potential sale, according to people familiar with the matter.

* A group comprising KKR & Co, Varde Partners and Deutsche Bank are looking to securitise about A$7 billion ($5.33 billion) of debt they acquired from a unit of GE , three sources with knowledge of the matter said.

* Bankers running the expected A$3 billion ($2.29 billion) initial public offering of Australian software firm MYOB Ltd, owned by Bain Capital, plan to file a prospectus for the sale by end-March, two people familiar with the matter told Reuters.

* Valeant Pharmaceuticals International Inc plans to raise its bid for Salix Pharmaceuticals Ltd close to $170 per share, a person familiar with matter told Reuters.

* Switzerland’s Holcim Ltd has proposed changes to its planned merger with Lafarge SA aimed at saving the deal by modifying the share-exchange ratio and management structure, Bloomberg reported on Sunday, citing anonymous sources.

* WPP Plc, has submitted a bid for a majority stake in Tesco Plc's Dunnhumby customer data unit, as it expands its data and analytics businesses, Bloomberg reported, citing a source familiar with the matter. (

* Haversham Holdings is in advanced talks to buy British Car Auctions in a deal which is expected to fetch over 1 billion pounds ($1.48 billion), the Finiancial Times reported.(

* Barrick Gold Corp may put its Chilean copper mine on the block as the Canadian miner tries to meet an ambitious debt reduction target, the Financial Times reported.

For the deals of the day click on

For the Morning News Call-EMEA newsletter click on ($1 = 0.6775 pounds) (Compiled by Shivam Srivastava in Bengaluru)

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