Market Chatter- Corporate finance press digest

63 Moons Technologies

19/02/2014 04:04

Feb 19 (Reuters) - The following corporate finance-related stories were reported by media:  * The European Union antitrust regulator will in the coming days formally object to Telefonica's  TEF.MC  proposed 8.6 billion euro ($11.83 billion) bid for KPN's  KPN.AS  German unit, two people familiar with the matter said on Tuesday. ID:nL6N0LN3WP  * Italian mid-tier lender Banca Popolare di Vicenza is planning a cash call for up to 1 billion euros ($1.38 billion) with a view to buying another lender, two sources with knowledge of the situation told Reuters on Tuesday.  ID:nL6N0LN305  * India's Tech Mahindra  TEML.NS  has shown interest in buying a sizeable equity stake in Jignesh Shah-owned Financial Technologies  FITE.NS , the Economic Times reported, citing a person familiar with the talks. (http://r.reuters.com/guc96v) * The IPO of TPG Specialty Lending Inc is expected to be completed later this quarter or next quarter, the Wall Street Journal reported, citing a person familiar with the matter. The lender expects to raise between $150 million and $200 million, the person added, and will use some of the proceeds to pay down existing debt. (http://link.reuters.com/kyc96v) * French government-owned power utility Electricité de France SA is in talks with Indian infrastructure conglomerate GMR Group  GMRI.NS  to acquire a stake in the latter's 900-megawatt (MW) Upper Karnali hydropower project in Nepal, the Mint newspaper reported. (http://r.reuters.com/duc96v) * Vale SA  VALE5.SA , the world's largest iron ore producer, will move forward with a planned offering of 10-year, U.S. dollar-denominated global bonds during the first half of the year, a source with direct knowledge of the transaction said. ID:nL2N0LN10K  For the deals of the day click on  DEALS/  For the Morning News Call-EMEA newsletter click on EMEA/MNC  ($1 = 0.7272 euros) ($1 = 1.1071 Australian dollars) (Compiled by Aastha Agnihotri in Bangalore) ((aastha.agnihotri@thomsonreuters.com)(within UK +44 20 7542 1810)(outside UK +91 806 749 7920)(Reuters Messaging: aastha.agnihotri.thomsonreuters.com@reuters.net)) Keywords: MARKET CHATTER/