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INFY - Infosys News Story

$17.84 -0.4  -1.9%

Last Trade - 9:10pm

Sector
Technology
Size
Large Cap
Market Cap £54.15bn
Enterprise Value £52.15bn
Revenue £9.68bn
Position in Universe 163rd / 6853

Market Chatter- Corporate finance press digest

Mon 6th January, 2014 3:56am
Jan 6 (Reuters) - The following corporate finance-related stories were reported by media:  * JPMorgan Chase & Co  JPM.N  is nearing a $2 billion settlement with federal authorities to resolve suspicions that the bank ignored signs of Bernard Madoff's Ponzi scheme, the New York Times reported, citing people briefed on the case. ID:L3N0KG0YC  * Carlyle Group LP  CG.O  and KKR & Co.  KKR.N  are among private-equity funds in talks to acquire Fleury SA  FLRY3.SA , the worst-performing medical-services provider in Brazil last year, in a deal that may total more than 2.9 billion reais ($1.22 billion), Bloomberg reported Sunday, citing three people familiar with the matter. (http://link.reuters.com/pur75v) * India's Infosys  INFY.NS  will separate its new-generation business into a subsidiary, freeing it to focus on large outsourcing contracts, its traditional area of strength, while maintaining interest in an area which could be the future growth engine, The Economic Times reported Monday, citing people with direct knowledge of the matter. (http://r.reuters.com/kur75v) ($1 = 2.38 Brazilian reais) For the deals of the day click on  DEALS/  For the Morning News Call-EMEA newsletter click on EMEA/MNC  (Compiled by Nitin S J in Bangalore) ((nitin.sj@thomsonreuters.com)(+91 806 749 6535)(Reuters Messaging: nitin.sj.thomsonreuters.com@reuters.net)) Keywords: MARKET CHATTER/
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