10 November, 2009
UPDATE 1-Market Chatter -- Corporate finance press digest
(Adds BC Partners, Dogan Yayin)
BANGALORE, Nov 10 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:
* London-headquartered private equity firm BC Partners [BCPRT.UL] will buy ATI Enterprises, a Texas-based operator of 24 educational campuses, for about $500 million, the Financial Times reported on its website. [ID:nBNG115834]
* Turkish media mogul Aydin Dogan, embroiled in a dispute over a record tax fine, is to sell five of his newspapers to Germany's Axel Springer (SPRGn.DE), the Aksam daily reported. [ID:nLA583304]
* Morgan Stanley (MS.N) is close to investing $200-$300 million in Asian Infrastructure Pte, the Economic Times reported on Tuesday, citing unnamed sources. [ID:nBOM30024]
* Magna's (MGa.TO) co-chief executive told a German paper the Austro-Canadian company was not looking to team up with another auto maker after failing to clinch Opel, and will instead focus on its supply business. [ID:nL9521539]
(Compiled by Shivani Singh; Editing by Dan Lalor)
Source: http://www.reuters.com
UPDATE 1-Market Chatter -- Corporate finance press digest Added: (10.11.2009)
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