Aug 8 (Reuters) - The following corporate finance-related
stories were re
ported by media on Wednesday:
* A consortium including Chinook Urban Mining and
JP Morgan Chase & Co has made a 520 million pound
($813.82 million)cash offer for British waste manager Biffa
Group Ltd, the Guardian reported.
* Vietnam's central bank has given approval for Sahabank to take over troubled lender Hanoi Building Bank (Habubank), the second M&A deal in the banking sector
in less than a year, state-run newspapers reported.
* The $27 billion Essar group is preparing to completely
exit its interests in the telecom sector which earned it a
partnership with Vodafone. The company has appointed French
banking major BNP Paribas to help it encash the best value from
the sale of its controlling stake in Essar Telecom Kenya,
reported the Financial Chronicle citing top company executives
familiar with the matter. http://link.reuters.com/jam89s
($1 = 6.3664 Chinese yuan)
($1 = 0.6390 British pounds)
(Compiled by Shilpa Hinduja in Bangalore)
Keywords: MARKET CHATTER/
(Shilpa.Hinduja@thomsonreuters.com)(within UK +44 20 7542 1810)(outside UK +91 80 4135 6102)(Reuters Messaging: firstname.lastname@example.org)
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