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Monday, March 28, 2011

Market Chatter - Corporate finance press digest, (FTE)

The following corporate finance-related stories were reported by media on Monday: * Deutsche Telekom (DTEGn.DE) and France Telecom (FTE.PA) want to cut costs by combining their operations in Austria and Romania, a German newspaper reported on Sunday, citing management sources at the French provider. [ID:nLDE72Q0EX] * Spain's Banco Santander SA will take a 19.9 percent stake in a joint venture with China Construction Bank Corp. to provide banking services outside of China's major cities, the Wall Street Journal said in its online edition. * Japan Airlines Corp., once the world's largest international carrier, is set to emerge from bankruptcy administration this week as a smaller company more reliant on Asian routes and global partners, Bloomberg said.