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Friday, January 7, 2011

Market Chatter -- Corporate finance press digest (NYSE: C)

The following corporate finance-related stories were reported by media on Friday: Citigroup is seeking buyers for CitiFinancial, the largest consumer finance company in the United States, in a deal that could raise hundreds of millions of dollars, the Financial Times reported. Danish outsourcing firm ISS has broken off talks for an $8.5 billion takeover by private equity firm Apax to go ahead with a flotation, the Daily Telegraph reported on Friday. Chinese curtain wall builder Shenyang Yuanda Co aims to raise up to $500 million in an initial public offering in Hong Kong, a local newspaper reported on Friday.



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