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Sunday, November 20, 2011

Market Chatter -- Corporate finance press digest

The following corporate finance-related stories were reported by media on Monday: * European publishing group Mecom is in talks to sell Edda Media, its Norwegian business, for 1.6 billion Norwegian Kroner ($278 million) to local media group A-pressen, the Financial Times reported on Monday.* Diamond miner Koidu Holdings is expected to raise up to $400 million in a Hong Kong initial public offering in the first quarter of next year, becoming the first African company to list in the territory, the Ming Pao Daily reported on Monday.

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