Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, August 2, 2011

Takeover Chatter - Corporate finance press digest

The following corporate finance-related stories were reported by media on Tuesday: * Fortis Healthcare Ltd. (FORH) is in talks to purchase a controlling stake in Hoan My Medical Corp., the Vietnamese hospital operator backed by Deutsche Bank AG (DBK), Bloomberg reported in its online edition, citing people with knowledge of the matter. * China Everbright Bank Co Ltd will apply for an exemption to lower public shareholding below the required level as the lender seeks to trim the size of its initial public offering in Hong Kong, a Chinese newspaper reported.

Source