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Sunday, February 27, 2011

Market Chatter -- Corporate finance press digest

The following corporate finance-related stories were reported by media on Monday: * India's Reliance Industries Ltd is in talks to buy out Japan-based Orix Corp's stake in unlisted Infrastructure Leasing & Financial Services Ltd (IL&FS) for about $1.2 billion, marking its foray into the financial services sector, the Economic Times said on Monday. * Malaysia's Sime Darby is considering a $2.5 billion plantation expansion deal in Cameroon, the Financial Times reported, signalling the global grab for land is well underway as food prices soar.

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