Market Chatter- Corporate finance press digest

Talwalkars Better Value Fitness

27/03/2014 04:13

March 27 (Reuters) - The following corporate finance-related stories were reported by media:  * Baxter International Inc  BAX.N  is exploring a sale of its vaccines business, according to people familiar with the matter, the latest healthcare company to look at divesting non-core assets to focus on key strengths.  ID:nL1N0MN152  * Dish Network Corp  DISH.O  Chief Executive Officer Charlie Ergen recently contacted DirecTV  DTV.O  CEO Mike White to discuss a possible tie-up of the companies, Bloomberg reported, citing sources familiar with the matter.  ID:nL1N0MN1FQ  * French conglomerate Bouygues  BOUY.PA  is searching for additional investors to further improve its offer to buy its larger French telecom rival Vivendi's  VIV.PA  SFR unit, two people familiar with the situation said on Wednesday. ID:nL5N0MN2FC  * Texas power generator Energy Future Holdings Corp TXEFHE.UL  is making a last ditch effort to reach a debt-restructuring deal with creditors before it seeks bankruptcy protection, the Wall Street Journal said, quoting sources familiar with the matter.  ID:nL4N0MN495  * UK's health and fitness group The David Lloyd has begun talks with the management of Talwalkars Better Value Fitness TALW.NS  to acquire around 20 percent stake in the company, the Economic Times reported, citing two people with direct knowledge of the development. (http://r.reuters.com/vab97v) * Brookstone Inc  TEMSHB.UL , which sells consumer gadgets ranging from travel electronics to massage chairs, is preparing to file for bankruptcy protection as early as Sunday, with a plan in place to be bought by another specialty retailer, the Wall Street Journal reported, citing people familiar with the matter. (http://link.reuters.com/deb97v) For the deals of the day click on  DEALS/  For the Morning News Call-EMEA newsletter click on EMEA/MNC  (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/