UPDATE 1-Market Chatter-Corporate finance press digest

miércoles 28 de mayo de 2014 01:47 GYT
 

(Adds Cafe Coffee Day)

May 28 (Reuters) - The following corporate finance-related stories were reported by media:

* German engineering company Siemens is ready to sell a 50 percent stake in household goods company BSH to private equity or rival Samsung if partner Bosch does not agree to buy it soon, German paper Frankfurter Allgemeine Zeitung said.

* Cafe Coffee Day has started talks with investment banks for a possible initial public offering of India's biggest cafe chain in Mumbai next year and may seek a valuation of about $1 billion, Bloomberg reported, citing people with knowledge of the matter. (link.reuters.com/cym69v)

* Chinese brokerage Central China Securities has started a pre-marketing process for a $300 million initial public listing in Hong Kong in a month's time, the Shanghai Securities News reported on Wednesday, citing an unidentified company source.

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